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Release Date: 13th July 2023

To access the original FCA document, click here.


Bastion Capital London Limited has been fined £2,452,700 by the Financial Conduct Authority (FCA) due to serious failings in its anti-money laundering (AML) systems and controls. These failings exposed the firm to significant risks of being used for fraudulent trading and money laundering activities, particularly in relation to business conducted with the Solo Group.

Reasons for the Fine:

Key Takeaways for Other Firms:


The FCA’s action against Bastion Capital London Limited underscores the critical importance of robust AML systems and vigilant risk management. Financial firms must ensure compliance with regulatory standards to protect against financial crime and maintain the integrity of the financial system.

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