The Financial Conduct Authority (FCA) worked with the industry in 2015/16 to put in place 23 redress schemes, which the regulator expects should ultimately deliver £334m to tens of thousands of customers.
According to its third annual report, published today, the FCA also issued 17 fines against individuals totalling £4.2m over the year, as well as banning 24 people and seeing jail sentences totalling 32...
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