01 · In plain English
What happened.
On 11 May 2018 the Financial Conduct Authority imposed a £321,200 penalty on Mr James Edward Staley for breaching Individual Conduct Rule 2 (the duty to act with due skill, care and diligence). The FCA found Mr Staley failed to act with due skill, care and diligence in the way he responded to an anonymous letter received by Barclays in June 2016. The action was taken against Mr Staley personally; the Final Notice on the FCA website sets out the regulator’s reasons. The Final Notice does not record any settlement discount, customer redress, or an appeal in relation to this penalty.
Written by an AI model from the FCA's notice and press reports and not reviewed by a person. The FCA's own text and documents below are the authoritative record.
02 · Enforcement details
What the FCA register says.
On 11 May 2018, the FCA imposed a financial penalty of £321,200 on Mr James Edward Staley. Mr Staley breached Individual Conduct Rule 2 by failing to act with due skill, care and diligence in the way he acted in response to an anonymous letter received by Barclays in June 2016. A copy of the Final Notice, which sets out the reason for the action, is displayed on the FCA’s web site and can be accessed using the following link:
03 · Individual details
Person on the FCA register.
- Name
- James Edward Staley
- Individual reference number
- JXS02208
- Register status
- Regulatory approval no longer required
Add this person to your watchlist
Monitor James Edward Staley on Firmwatcher.
Firmwatcher checks the FCA register every morning. Get an email when the FCA records a new disciplinary action against this person or a change to the roles they hold.