Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Britain's financial watchdog on Wednesday said it had fined Barclays bank £42 million (R1 billion) for "poor handling of financial crime risks". | @News24_Business https://t.co/SoJN5C2q9g
Órgão regulador do Reino Unido multa Barclays em 42 milhões de libras https://t.co/S1AcxIMAHy
Barclays has been fined roughly $56 million for lapses in dealings with risky customers, including a client tied to one of Britain’s biggest money-laundering cases https://t.co/MStUsqeU1O
The UK financial watchdog has imposed a £42 million fine on Barclays for failures in managing financial crime risks related to two clients. The penalty addresses lapses in the bank's anti-money laundering controls, including dealings with a client connected to one of Britain's largest money laundering cases. This enforcement action highlights deficiencies in Barclays’ risk management processes concerning financial crime compliance.
