Firm enforcement history

FOREX TB LIMITED

FRN 729874Register status · No longer authorised1 enforcement actionFines imposed · £276,100

View on FCA register

01 · Enforcement history

Actions recorded on Firmwatcher.

9 Aug 2024 · £276,100

Fine

The Financial Conduct Authority fined FOREX TB Limited (FRN 729874) £276,100 for breaches of Principle 6 and section 20 of the Financial Services and Markets Act 2000. Principle 6 requires firms to pay due regard to customers’ interests and treat them fairly; section 20 FSMA requires firms to operate only in accordance with the permissions they have (the FCA found the firm failed to do so while operating under the Temporary Permissions Regime). The penalty was imposed on 9 August 2024; the FCA published a Final Notice setting out the breaches and the sanction.

Summarised from notice and press

Date	Action	Summary	Source document
9 Aug 2024	Fine £276,100	The Financial Conduct Authority fined FOREX TB Limited (FRN 729874) £276,100 for breaches of Principle 6 and section 20 of the Financial Services and Markets Act 2000. Principle 6 requires firms to pay due regard to customers’ interests and treat them fairly; section 20 FSMA requires firms to operate only in accordance with the permissions they have (the FCA found the firm failed to do so while operating under the Temporary Permissions Regime). The penalty was imposed on 9 August 2024; the FCA published a Final Notice setting out the breaches and the sanction. Summarised from notice and press	Open the published notice or announcement

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