Financial Conduct Authority hopes £1.5bn in fines will change behaviour – The Guardian

Posted November 24th, 2014 in financial regulation, fines, news by sally

‘The City watchdog has hit financial firms with nearly £1.5bn of penalties so far this year – more than three times the record level of fines it levied in 2013.’

Full story

The Guardian, 23rd November 2014

Source: www.guardian.co.uk

Comments Off

South Lakes zoo fined for ‘threatening’ birds’ escape – BBC News

Posted November 20th, 2014 in birds, environmental protection, fines, news by tracey

‘An animal park owner in Cumbria has been fined for allowing a “threatening” bird to escape.’

Full story

BBC News, 20th November 2014

Source: www.bbc.co.uk

Comments Off

RBS fined £56m for IT meltdown – The Guardian

Posted November 20th, 2014 in banking, computer programs, financial regulation, fines, news by tracey

‘Royal Bank of Scotland has been fined £56m for a meltdown in its consumer systems that locked 6.5 million customers out of their bank accounts for days on end in June 2012.’

Full story

The Guardian, 20th November 2014

Source: www.guardian.co.uk

Comments Off

Barristers disbarred for repeatedly refusing to pay tribunal fines – Legal Futures

Posted November 13th, 2014 in barristers, costs, disciplinary procedures, disqualification, fines, news, tribunals by tracey

‘Two barristers have been disbarred for repeatedly refusing to pay a total of almost £12,000 between them in fines and costs.’

Full story

Legal Futures, 13th November 2014

Source: www.legalfutures.co.uk

Comments Off

Barclays may face massive new penalty over currency rigging – The Guardian

Posted November 13th, 2014 in banking, financial regulation, fines, fraud, news by tracey

‘Barclays could face a huge new penalty for rigging currency markets after pulling out at the 11th hour from the settlement talks that led to £2.6bn of fines being slapped on six other big players in the currency markets. Barclays will not be eligible for the 30% discount on the fines handed to its rivals in exchange for settling early after its surprise move not to participate in the settlement with US and UK regulators. The bank, which was the first to be fined for rigging Libor in 2012, is reported not to have agreed to the settlement with the UK’s Financial Conduct Authority and the US commodity futures trading commission because of continuing talks with another US regulator.’

Full story

The Guardian, 13th November 2014

Source: www.guardian.co.uk

Comments Off

Banks fined record £2bn over foreign exchange rigging – The Guardian

Posted November 12th, 2014 in banking, financial regulation, fines, news by tracey

‘Regulators on both sides of Atlantic impose fines totalling £2bn on HSBC, Royal Bank of Scotland, UBS, JP Morgan and Citigroup.’

Full story

The Guardian, 12th November 2014

Source: www.guardian.co.uk

Comments Off

FCA fines and bans senior Swinton management figures over sales culture failings – OUT-LAW.com

Posted November 11th, 2014 in company directors, financial regulation, fines, insurance, news by tracey

‘The former chief executive, finance director and marketing director at a UK insurance provider have been served with fines by the Financial Conduct Authority (FCA) and banned from taking senior positions at other financial services companies in the future.’

Full story

OUT-LAW.com, 10th November 2014

Source: www.out-law.com

Comments Off

Street Tweet not so neat – Sports Law Bulletin from Blackstone Chambers

Posted November 11th, 2014 in disqualification, fines, freedom of expression, internet, news, sport by tracey

‘Football managers and coaches are not infrequently subjected to disciplinary sanctions by football regulatory bodies for speaking out about referees and such like. It is comparatively rarer for players to be sanctioned for expressing themselves, although this has now happened twice to QPR and sometime England midfielder and avid tweeter Rio Ferdinand.’

Full story

Sports Law Bulletin from Blackstone Chambers, 10th November 2014

Source: www.sportslawbulletin.org

Comments Off

Dropped Pringles lid costs Bristol man almost £500 – BBC News

Posted November 10th, 2014 in costs, fines, litter, news, penalties by sally

‘A man has been ordered to pay almost £500 in fines and costs for dropping a snack lid on the ground in Bristol.’

Full story

BBC News, 7th November 2014

Source: www.bbc.co.uk

Comments Off

New ‘watchdog’ and ‘monitor’ will hold reformed Highways Agency to account, says UK government – OUT-LAW.com

Posted October 30th, 2014 in bills, enforcement, fines, government departments, news, road traffic by sally

‘New bodies which will monitor the performance of the strategic road network and champion the needs of its users will be created as part of plans to hold a reconstituted Highways Agency to account, the UK government has announced.’

Full story

OUT-LAW.com, 29th October 2014

Source: www.out-law.com

Comments Off

Pensions Regulator fines first employers for breaches of automatic enrolment duties – OUT-LAW.com

Posted October 30th, 2014 in employment, enforcement, fines, news, pensions, reports by sally

‘The amount of enforcement action taken against employers for non-compliance with their automatic enrolment duties rose considerably in September, according to the Pensions Regulator, which has also recently issued its first fines for breaches.’

Full story

OUT-LAW.com, 29th October 2014

Source: www.out-law.com

Comments Off

Homeowners who fail to control Japanese knotweed face criminal prosecution under new anti-social behaviour laws – Daily Telegraph

Posted October 27th, 2014 in ASBOs, criminal justice, environmental protection, fines, news, prosecutions by sally

‘Home Office guidance updated this week says people can be fined up to £2,500 for not controlling invasive plant in move designed to tackle problem in residential areas.’

Full story

Daily Telegraph, 25th October 2014

Source: www.telegraph.co.uk

Comments Off

Move to introduce jail time as potential punishment for UK data protection breaches stalls – OUT-LAW.com

‘Another attempt to introduce jail sentences as a possible punishment to individuals who access or disclose personal data in breach of data protection rules has stalled in the UK parliament.

Full story

24th October 2014

Source: www.out-law.com

Comments Off

Pop-up courts for speeding fine cases – Daily Telegraph

Posted October 27th, 2014 in courts, criminal justice, fines, magistrates, news, road traffic offences by sally

‘Ministers are considering introducing “pop up” courts for people who challenge speeding fines to be held in their own communities.’

Full story

Daily Telegraph, 25th October 2014

Source: www.telegraph.co.uk

Comments Off

Nigel Farage fined £200 for failure to declare free office space – The Guardian

Posted October 22nd, 2014 in elections, expenses, fines, news, political parties by sally

‘Nigel Farage, the Ukip leader, has been fined £200 for breaking electoral law after he failed to declare that he was getting office space free.’

Full story

The Guardian, 21st October 2014

Source: www.guardian.co.uk

Comments Off

New dog laws: What pet owners need to know from today – Daily Telegraph

Posted October 20th, 2014 in complaints, dogs, fines, injunctions, local government, news, police, prosecutions by sally

‘A breakdown of the new legal powers police have to help prevent dog attacks.’

Full story

Daily Telegraph,

Source: www.telegraph.co.uk

Comments Off

Dangerous dogs: tough new law to help prevent attacks – Home Office

Posted October 17th, 2014 in complaints, dogs, fines, local government, police, press releases, prosecutions by tracey

‘Tough new legal powers to help prevent thousands of dog attacks every year will be given to police forces and local authorities from Monday 20 October.’

Full press release

Home Office, 17th October 2014

Source: www.gov.uk/home-office

Comments Off

Exploitative gangmaster fined only £500 – The Independent

Posted October 9th, 2014 in appeals, fines, gangmasters, news, Northern Ireland, sentencing by sally

‘An illegal gangmaster who made Romanian workers scavenge in bins while charging them to live in an unheated shed has been fined just £500.’

Full story

The Independent, 8th October 2014

Source: www.independent.co.uk

Comments Off

SRA fines firm £2,000 for £2.5m stamp duty avoidance schemes – Legal Futures

Posted October 3rd, 2014 in fines, law firms, news, Solicitors Regulation Authority, stamp duty, tax avoidance by tracey

‘Leading Surrey firm Mundays has been fined £2,000 by the Solicitors Regulation Authority for using stamp duty land tax (SDLT) avoidance schemes which saved clients over £2.5m.’

Full story

Legal Futures, 3rd October 2014

Source: www.legalfutures.co.uk

Comments Off

Mentally ill patient dived off roof of Boston Pilgrim Hospital – BBC News

Posted October 3rd, 2014 in fines, health & safety, hospitals, mental health, news by tracey

‘A mental health trust has been fined £20,000 after a patient dived off a hospital roof, leaving him paralysed from the chest down.’

Full story

BBC News, 2nd October 2014

Source: www.bbc.co.uk

Comments Off