bank fine

FCA fines Starling Bank £29m over financial crime systems failings

3rd October 2024 Consumer Lending | #bank fine

The Financial Conduct Authority (FCA) has fined Starling Bank £28,959,426 (nearly £29 million) for financial crime failings related to its financial sanctions screening. The investigation also repeatedly breached a requirement not to open accounts for high-risk customers. Starling grew quickly, from approximately 43,000 customers in 2017 to 3.6 million in 2023. However, measures to tackle…

Create your Account:

1. Please fill in the boxes below with your email, tick the relevant newsletters you would like to subscribe to and click the Sign Up button.

2. Wait for the double opt-in page to open and confirm your email address.

3. You have subscribed and have agreed to receive the newsletters.

Credit Connect Media is committed to reserving your right to privacy. By using our website and services you consent to our collection and use of your information as described in or privacy policy.

Credit Connect Media has set up a network of business partners whose products and services may be interesting and useful to you. They may contact you from time to time. By subscribing you confirm that you agree to our Terms & Conditions statement.

bank fine

FCA fines Starling Bank £29m over financial crime systems failings

Login