FCA work in review May 20-24, 2024

Two big fines and three major speeches in our latest roundup of activity by the UK regulator.

Castle and Crystal Credit Union has been placed into administration, with James Sleight and Peter Hart of PKF Littlejohn Advisory appointed administrators.

In case now widely dubbed the ‘fat-finger trading case’, Citigroup Global Markets Limited was fined £27,766,200 ($35,322,216) for failures in trading systems and controls. The incident led tocovered the

Free Trial

Register for free to keep reading.

To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.

  • Unlimited access to industry insights
  • Stay on top of key rules and regulatory changes with our Rules Navigator
  • Ad-free experience with no distractions
  • Regular podcasts from trusted external experts
  • Fresh compliance and regulatory content every day
Register for free Already a member? Sign in