UK regulator fines Monzo for financial crime lapses

finance.yahoo.com/news/uk-regulator-fines-monzo-financial-133007396.html

The UK’s Financial Conduct Authority (FCA) has imposed a £21m ($28.5m) fine on digital bank Monzo for financial crime failings.
The regulated alleged that Monzo failed to maintain adequate anti-financial crime controls from October 2018 to August 2020.
It also violated requirements by…

This story appeared on finance.yahoo.com, 2025-07-08 13:30:07.
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