London market watchdog hands out £34.8m in fines

The London market watchdog handed out a record £34.8m (€39m) worth of fines during 2009, research showed today.

London market watchdog hands out £34.8m in fines
Mon, 21 Dec, 2009 - 10:56

The London market watchdog handed out a record £34.8m (€39m) worth of fines during 2009, research showed today.

The fines levied on companies by the Financial Services Authority (FSA) for breaching its rules were 53% higher than in 2008, according to City law firm Reynolds Porter Chamberlain.

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