Firms and individuals fined £905m by FCA this year – down from £1.5bn in 2014 – but lawyers divided on whether it means more lenient approachThe value of fines imposed on City firms and individuals has fallen by nearly 40% this year,with a marked slowdown in the last six months of the year. The £905m of fines by the Financial Conduct Authority – down from a record £1.5bn in 2014 – is nearly double the £474m for 2013, previously the second biggest year.
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Source: theguardian.com