FCA fines Santander UK £107.7 million for repeated anti-money laundering failures
Santander had ineffective systems to adequately verify the information provided by customers about the business they would be doing.
top of page
.png)
Search
Financial Conduct Authority
- Apr 8, 2019
- 4 min
FCA fines Standard Chartered Bank £102.2 million for poor AML controls
Serious and sustained shortcomings in Standard Chartered’s AML controls relating to customer due diligence and ongoing monitoring.
bottom of page