The UK FCA fines Starling Bank £29M over its "shockingly lax" controls against financial crime, like potential money laundering and sanctions breaches (Akila Quinio/Financial Times)

Akila Quinio / Financial Times: The UK FCA fines Starling Bank £29M over its “shockingly lax” controls against financial crime, like potential money laundering and sanctions breaches  —  FCA said lender's efforts to identify potential money laundering ‘did not keep pace’ with its growth

Oct 2, 2024 - 10:00
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The UK FCA fines Starling Bank £29M over its "shockingly lax" controls against financial crime, like potential money laundering and sanctions breaches (Akila Quinio/Financial Times)

Akila Quinio / Financial Times:
The UK FCA fines Starling Bank £29M over its “shockingly lax” controls against financial crime, like potential money laundering and sanctions breaches  —  FCA said lender's efforts to identify potential money laundering ‘did not keep pace’ with its growth