01 · In plain English
What happened.
On 22 October 2020, the Prudential Regulation Authority fined Goldman Sachs International £48,308,400.
Generated automatically from the action's type, date and amount. The official text and documents below are the authoritative record.
02 · Enforcement details
What the FCA register says.
On 22 October 2020, the PRA issued a Final Notice to Goldman Sachs International (“GSI”). For the reasons given in the notice, the PRA imposed a financial penalty of £48,308,400. GSI agreed to settle during the Discount Stage of the PRA’s investigation. As a result, GSI qualified for a 30% settlement discount under the PRA Settlement Policy. Were it not for this discount, the PRA would have imposed a financial penalty of £69,012,000. The PRA’s action took effect on 22 October 2020. A copy of the Final Notice can be found on the Bank of England’s website and can be accessed using the following link: PRA GSI Final Notice
03 · Firm details
Firm on the FCA register.
- Firm name
- Goldman Sachs International
- Firm reference number
- 142888
- Register status
- Authorised
Add this firm to your watchlist
Monitor Goldman Sachs International on Firmwatcher.
Firmwatcher checks the FCA register every morning. Get an email when a new requirement or disciplinary action is recorded for this firm.