FCA fines Carlos Ricardo Fuenmayor £99,600 for disclosure failures
The FCA decided to fine Carlos Ricardo Fuenmayor £99,600 for disclosure failures.
The enforcement action against an individual underscores FCA willingness to pursue personal liability for disclosure breaches. It reinforces expectations on transparency and timely market disclosures.
Reaffirms FCA enforcement against individuals for disclosure breaches, relevant to SMCR conduct and market integrity controls.
Action Required
Reinforce personal accountability and disclosure obligations under SMCR and market abuse frameworks.
Individual enforcement signals continued FCA focus on personal accountability for disclosure obligations.
Reinforce disclosure training and attestations for senior managers; review controls around timely and accurate market disclosures.
“The FCA decided to fine Carlos Ricardo Fuenmayor £99,600 for disclosure failures.”
Published: 2026-06-15