FCA settlements

FCA settlements are agreements reached between the Financial Conduct Authority (FCA) and financial firms to resolve regulatory issues without going to court. These settlements typically involve the firm acknowledging certain misconduct or compliance failures and agreeing to corrective actions, fines, or penalties. They help ensure firms improve their practices and protect consumers, while resolving disputes efficiently. Settlements are designed to promote accountability and compliance, reducing the need for lengthy legal processes, and fostering trust in the financial industry.