UK regulatory penalties for individuals drop £18m in a year

To below £1m

Sophie King
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"Regulators globally are also using a wider range of enforcement tools in an attempt to improve conduct" - Duff & Phelps' Nick Bayley.
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"Regulators globally are also using a wider range of enforcement tools in an attempt to improve conduct" - Duff & Phelps' Nick Bayley.

Financial penalties dished out to individuals in the UK dropped from £18.8m in 2016, to a post-financial crisis low of just £970,000 a year later, according to Duff & Phelps' annual Global Enforcement Review.

The compliance and regulation expert said that, in an attempt to improve conduct, global financial regulators had switched their focus from imposing large fines against firms to making individuals more...

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