The hapless 100: FCA's fines against individuals

In its nearly ten years of existence, the Financial Conduct Authority has meted out 100 fines against individuals in the sector. Neasa MacErlean analyses the numbers and trends.

Many people will give their opinion on the FCA's first decade when the anniversary comes up on 1 April. But there are 100 men and women who will probably stay quiet, even though they have been some of the most directly affected. Each has been disciplined and fined between £7,200 and £76 million. They now play a deterrent role to the other 1.1m people working in the United Kingdom financial services industry.