FCA fines Interactive Brokers (UK) Limited

Reason:
Abuse, Miscodunct
Content of Penalty:

The Financial Conduct Authority (FCA) has today imposed a financial penalty on Interactive Brokers (UK) (IBUK) in the amount of £1,049,412 for failings in its post-trade systems and controls for identifying and reporting suspicious transactions in the period February 2014 to February 2015 (‘the Relevant Period’).

Date: 25/01/2018
Amount: 1,049,412
Link: https://www.fca.org.uk/news/press-releases/fca-fines-interactive-brokers-uk-limited