In a Final Notice issued on 5 June 2013, the FCA imposed a fine of £6,031,200 (Stage 1: 30% discount) on Sesame Limited, for failing to ensure the suitability of investment advice given to customers and for weaknesses in its internal controls. The FCA found that between July 2005 and June 2006 Sesame provided unsuitable advice to 426 customers in relation to Keydata life settlement products. The penalty comprised a £245,000 penalty for Sesame’s advice failings in relation to Keydata products (Principle 9 – Customers: Relationship of Trust & COB/COBS) and a £5,786,200 fine for the failings in its systems and controls (Principle 3 – Management and Control).