FSA forced to pay up for late night enforcement action

clock •

The FSA has been forced to unconditionally apologise and pay compensation to a complainant after enforcement documents were delivered to her house after 9pm as part of a a case against her husband.

In a letter to the Complaints Commissioner, the individual said a courier sent by the FSA arrived at her house after 9pm, "banging" on her door and disturbing her children. Although the commissioner says the FSA did not breach her human rights, it agrees it was unreasonable for them to allow the courier to arrive at the house after 9pm and has also criticised the regulator for the manner of its initial apology, saying it "lacked sincerity". In its original response, the FSA Enforcement team said it "was not our intention to cause you or your children any inconvenience and we apologise...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA brings ESG ratings providers under scope for first time in 'sensible evolution'

FCA brings ESG ratings providers under scope for first time in 'sensible evolution'

Authorisation required from June 2028

Michael Nelson
clock 03 November 2026 • 3 min read
Treasury Committee flags potential bank tax Budget leak to FCA and Treasury

Treasury Committee flags potential bank tax Budget leak to FCA and Treasury

Dame Meg Hillier pens letter after Bloomberg article went live at 10:45am

Isabel Baxter
clock 29 October 2026 • 3 min read
FCA stands firm on not advocating for legislative change on AI

FCA stands firm on not advocating for legislative change on AI

‘That is the appropriate proportionate response’

Sophia Panayi
clock 22 October 2026 • 2 min read