FCA Sets 1st Fine For Breach Of Transaction Reporting Rule

By Alex Davidson ( January 29, 2025, 3:51 PM GMT) -- Infinox Capital Ltd. has been fined £99,200 ($123,240) for failing to submit transaction reports and risking market abuse going undetected, in the first action of its kind under the U.K. Markets in Financial Instruments Regulation, the Financial Conduct Authority reported Wednesday....

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