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Infinox Capital fined just over GBP99,000 for UK MiFIR reporting breaches

( January 29, 2025, 10:36 GMT | Official Statement) -- MLex Summary: Infinox Capital, a broker, has been fined 99,200 pounds by the UK Financial Conduct Authority for failing to submit transaction reports, risking market abuse going undetected. The firm did not proactively report the violation to the FCA. The regulator said the fine represented the first enforcement action against a firm for a breach of reporting requirements under the UK Markets in Financial Instruments Regulation, MiFIR. Statement below, final notice attached. ...

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