Tag: Fine
FCA fines AI Rayan Bank £4m for AML failings
The UK’s Financial Conduct Authority (FCA) has fined another financial institution for anti-money laundering (AML) failings.
FCA slaps Metro Bank with £10m fine
The FCA has fined Metro Bank £10m for breaching the listing rules by publishing incorrect information to investors.
5 US investment banks face $1bn in fines
Five US investment bank giants are reportedly faced with $1bn in fines for failing to monitor employees using unauthorised messaging apps.
Federal Reserve gives $9.5m to fine EagleBank for regulation breach
The Federal Reserve Board issued a fine to Maryland-based EagleBank $9.5m for violating the board’s insider lending regulation.
Russia imposes $358m fine on Google for information restriction failures
A Moscow court has slapped a $358m fine on Google for a failure to restrict access to information prohibited in the country.
Payment Systems Regulator fines five companies in prepaid card cartel
The UK’s Payment Systems Regulator (PSR) has issued fines to Mastercard, allpay, Advanced Payment Solutions, Prepaid Financial Services and Sulion.
Metro Bank fined £5.3m by PRA for reporting failure
The Prudential Regulation Authority (PRA) has issued a £5.3m fine to Metro Bank for failings with its regulatory reporting.
NatWest hit with first criminal charge pursued by FCA
National Westminster Bank (NatWest) has been fined £264m for three accounts of money laundering failures.
UBS issued $500,000 fine from CFTC
The Commodity Futures Trading Commission (CFTC) has issued a $500,000 fine to UBS for alleged violations of audio recording regulations.
N26 pays €4.5m fine for delays to reporting suspicious activity
Germany digital bank N26 has been issued a €4.5m fine from the Federal Financial Supervisory Authority (BaFin) for its delay in submitting reports around AML.
