FCA fine

Nationwide fined £44m over failings in financial crime controls

15th December 2025 Company News | #FCA fine

Nationwide Building Society has been fined £44 million by the Financial Conduct Authority (FCA) for failing to manage financial crime risks from October 2016 to July 2021. The FCA found that Nationwide lacked adequate anti-financial crime systems, allowing customers to misuse personal accounts for business activities. This oversight led to missed opportunities in detecting £27.3m…

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FCA fine

Nationwide fined £44m over failings in financial crime controls

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