Metro Bank fined £16m over money laundering failures

Britain's watchdog fines Metro Bank $20 million for control failings
Britain's Financial Conduct Authority (FCA) has fined Metro Bank 16 million pounds ($20.51 million), for failings in its anti-money laundering controls between June 2016 and December 2020.
Metro Bank fined £16.7 million for financial crime failings
The Financial Conduct Authority issued a penalty to Metro Bank after its systems failed to spot potentially suspicious customer accounts
Metro Bank fined £17mn for anti-money laundering control failings
Metro Bank has been fined almost £17mn by the UK financial watchdog for failing to fix “serious deficiencies” in an automated system to check transactions for potential money laundering until four years after it was installed.
Metro Bank given hefty fine by City regulator for financial crime failings
Metro Bank has been fined over £16.7m by the City watchdog for failing to have adequate controls against money laundering.
Metro Bank fined more than £16m for money-laundering failures
High Street lender failed to adequately check more than 60 million customer transactions, valued at more than £51 billion.
UK’s FCA Reportedly Fines Metro Bank for Allegedly Failing to Implement Measures to Prevent Money Laundering
The UK's Financial Conduct Authority (FCA) has reportedly fined Metro Bank PLC £16,675,200 for failing to comply with certain guidelines.
Metro Bank fined £16.6m by regulator over money laundering checks failures
The issues, which continued for four years despite concerns being raised by junior staff, applied to more than 60 million transactions with a value of more than £51bn according to the Financial Conduc
Metro Bank fined £16m by City watchdog
The FCA says poor controls on transactions worth tens of billions of pounds in total existed despite concerns raised by junior staff.
FCA fines Metro Bank £16.7m for financial crime failings
The city regulator has fined Metro Bank £16.7m for financial crime failings over a four-year period between 2016 and 2020.
Metro Bank fined £16.6m for failings over money laundering checks
Metro Bank fined £16.6m for failings over money laundering checks - The lender, which has about three million UK customers, failed to check for money laundering on millions of transactions up to 2020.
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Metro Bank Fined £16.7 Million for Anti-Money Laundering Lapses
Metro Bank Holdings Plc was fined £16.7 million ($21.4 million) by the UK’s Financial Conduct Authority for failing to ...
Britain's FCA fines Metro Bank $20 million for anti-money laundering failings
Britain's Financial Conduct Authority (FCA) has fined Metro Bank 16 million pounds ($20.51 million), for failings in its anti ...
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