FCA Fines Credit Suisse and Yorkshire Building Society 16-06-2014

The Financial Conduct Authority (FCA) has today fined both Credit Suisse International (CSI) and Yorkshire Building Society (YBS) for failing to ensure financial promotions for CSI’s Cliquet Product1 were clear, fair and not misleading. CSI was fined £2,398,100 and YBS’s fine was £1,429,000.  

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