The Financial Conduct Authority (FCA) has fined Aberdeen Asset Managers Limited and Aberdeen Fund Management Limited (Aberdeen) £7,192,500 for failing to identify, and therefore properly protect, client money placed in Money Market Deposits (MMDs) with third party banks between September 2008 and August 2011. . .

http://www.fca.org.uk/news/aberdeen-asset-managers-and-aberdeen-fund-management-fined-72-million