According to the Financial Conduct Authority (FCA) in the UK, a company called Reckitt Benckiser Group Plc has been fined £539,800 for inadequate systems and controls to monitor share dealing by its senior executives in its own shares.

These failings contributed to late and incomplete disclosure to the market of share dealings by two senior executives. Weaknesses in the company's systems and controls between July 2005 and October 2012 were compounded by inadequate records and training and left the company unable to properly monitor share dealings made on behalf of its senior executives by third parties.

The FCA’s findings revealed that the company, which is a multinational producer of health, hygiene and home products, breached key requirements in the listing, disclosure and transparency rules, and failed to identify breaches of the Model Code on share dealing.