In August, the Financial Conduct Authority (FCA) issued a public censure against the Co-operative Bank plc (Co-op Bank) for breaching its Listing Rules. The Listing Rules require issuers to ensure that information published is not misleading so that investors can make fully informed decisions.

The FCA also found that Co-op Bank fell short of its responsibility to be open with its regulators, which is one of the principles that regulated firms must abide by.