Conduct

Fines levied by the Financial Conduct Authority for misconduct have been disproportionately on high street banks and other financial services firms, with very few levied on building societies.

From 2010 to 2021, building societies have accounted for just £7m out of £4,794m of conduct fines, or less than 0.2%.

 

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*Includes all operations of high street banks

Find out more about the building society difference:

Contact

Andrew Gall

Head of Savings & Economics

andrew.gall@bsa.org.uk