05:31 AM EDT, 10/14/2026 (MT Newswires) -- The UK Office of Qualifications and Examinations Regulation imposed a 150,000 pound-sterling fine on the Associated Board of the Royal Schools of Music after identifying certain data retention failures. The regulator's enforcement panel identified "serious shortcomings" in ABRSM's procedures for retaining, managing and maintaining access to assessment evidence and associated records, according to a Wednesday release. The investigation also found that ABRSM failed to retain assessment evidence in three separate incidents between 2024 and 2025, and issued 72,000 certificates with incorrect qualification titles. Under the settlement, ABRSM will also make a contribution of 10,000 pounds to Ofqual's investigation and enforcement costs, and commission an independent audit of its assessment record-retention procedures.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.