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FCA fines Metro Bank £16.7m for anti-money laundering failings

By Michele Maatouk

Date: Tuesday 12 Nov 2024

(Sharecast News) - The Financial Conduct Authority said on Tuesday that it has fined Metro Bank £16.7m for failing to have the right controls in place to combat money laundering.
The regulator said that between June 2016 and December 2020, the bank did not have the right systems and controls to...

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