On 16 July 2026, the PRA published a Final Notice imposing a £4,165,000 penalty on HDI Global SE (HDI Global or the Firm) for materially inaccurate reporting of regulatory data on at least 11 occasions between August 2021 and August 2024.
For the key takeaways from this case, including insights from it being only the second reported case in which a firm has participated in the PRA’s Early Account Scheme, please see our latest Notice in a Nutshell briefing here.
All of our publications in this series can also be found here.