Aberdeen Asset Managers Limited and Aberdeen Fund Management Limited Fined £7,192,500 by the Financial Conduct Authority
United Kingdom
- 09/2/2013
- Fine
- 7,192,500.00
- FCA
Detail
For failing to identify, and therefore properly protect, client money placed in Money Market Deposits with third party banks.
Source Link
https://www.fca.org.uk/publication/final-notices/aberdeen-asset-managers-limited.pdf