Following a joint investigation the PRA and FCA have fined TSB ...

Following a joint investigation, the PRA and FCA have fined TSB Bank plc a total of £48650000 for what they described as operational risk ...

TSB fined £48.65m for operational resilience failings | FCA

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have fined TSB Bank plc (“TSB”) a total of £48650000 for ...

FCA fines TSB £10.9m over treatment of customers in financial ...

The FCA has fined TSB Bank plc (TSB) £10910500 for failing to ensure customers who were in arrears were treated fairly.

TSB fined £48.65m for operational resilience failings | Bank of England

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have fined TSB Bank plc (“TSB”) a total of £48,650,000 ...

PRA fines the former Chief Information Officer of TSB Bank plc for a ...

As CIO of TSB, Mr Abarca had responsibility for TSB complying with the PRA's ... Without this discount, the financial penalty would have been £ ...

TSB fined £48.65m by the FCA and PRA.

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have fined TSB Bank plc (TSB) a total of £48650000.

What you need to know about the recent fine against TSB Bank plc

Overview: This is another FCA fine in connection with treatment by a bank of borrower customers, particularly with regards to the ...

UK Prudential Regulation Authority Fines The Former Chief ...

... PRA and Financial Conduct Authority (FCA). As CIO of TSB, Mr Abarca had responsibility for TSB complying with the PRA's outsourcing rules. In particular, he ...

IT migration and outsourcing lessons from the latest SMCR ...

On 13 April 2023, the Prudential Regulation Authority (PRA) fined the former Chief Information Officer (CIO) of TSB Bank plc (TSB), Carlos Abarca, ...

PRA fine shows how individual UK executives are liable for ...

... PRA and Financial Conduct Authority (FCA). As CIO of TSB, Mr Abarca had responsibility for TSB complying with the PRA's outsourcing rules.

FCA fines TSB $14.2M for poor treatment of financially strapped ...

TSB Bank has been fined 10.9 million pounds (US $14.2 million) for treating retail customers poorly while they were in arrears on mortgages, credit cards, ...

Former TSB CIO fined for migration meltdown - Computer Weekly

In this case, the PRA has fined Mr Abarca because his ... On 20 December 2022, the PRA and the Financial Conduct Authority imposed a joint ...

First SMCR fine imposed for failed IT migration in 2018

... financial penalty of £116000 on Carlos Abarca, TSB Bank's ... This news follows the highly-publicised outcome of the joint investigation ...

UK: FCA and PRA fine TSB £48.65M for operational resilience failings

More specifically, the FCA detailed that technical failures in TSB's IT system, following ... TSB had failed to organise and control the IT ...

TSB bank fined £48 million over botched IT upgrade programme

TSB has been fined £48.65 million by two UK regulators after it ... The FCA fined the bank £29,750,000 while the PRA fined it £18,900,000.

FCA, PRA impose £48.65m fine on TSB for operational resilience ...

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have fined TSB Bank plc a total of £48650000.

PRA enforcement action under SM&CR – the first of its kind - WTW

The CIO's fine follows enforcement action taken jointly by the Financial Conduct Authority (FCA) and the PRA in December 2022 against the UK ...

TSB Bank fined £10.9m by FCA over handling of customers facing ...

The FCA has fined TSB Bank £10.9 million for "failing to ensure customers who were in arrears were treated fairly".

Former TSB chief information officer fined by PRA - MoneyAge

Carlos Abarca has been fined £81,620 after the PRA found he had ... PRA and Financial Conduct Authority (FCA). In his role as TSB CIO ...

UK Financial Regulators Levy Nearly £50 Million in Fines for Bank's ...

Following the incident, TSB paid out £32.7 million ... are key to mitigating against any potential penalties imposed by the FCA and PRA.