UK market abuse initial penalty should rise to £150,000, watchdog proposes
( June 15, 2026, 14:19 GMT | Official Statement) -- MLex Summary: The UK's financial regulator is seeking to increase the initial disciplinary element of its penalty or serious market abuse committed by individuals from £100,000 to £150,000 to take account of inflation. The Financial Conduct Authority released a consultation that also includes clarifications to its ability to increase penalties on individuals for deterrence having regard to their wealth, updates to its treatment of individuals’ deferred income, and consequential changes following the introduction of the market abuse regime for cryptoassets. The consultation closes on Aug. 10.Statement is attached....
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