Starling, financial conduct authority
Starling Bank fined 29 mln pounds for "shockingly lax" financial crime controls
Britain's financial watchdog has fined Starling Bank 29 million pounds ($38.5 million) after finding the digital lender's anti-money laundering controls and sanctions screening systems left the financial system "wide open to criminals".
Starling Bank fined $39M for ‘facilitating financial crime’
Starling Bank, a popular challenger bank based in the U.K., has received a £29 million fine from the country’s financial regulator (around $39 million at
Goldman-backed Starling Bank fined $38.5 million for 'shockingly lax' financial crime controls
London's Financial Conduct Authority said it has fined Starling "for financial crime failings related to its financial sanctions screening."
Starling Bank fined 29 million pounds for financial crime failings
The Financial Conduct Authority has fined Starling Bank 29 million pounds ($38.5 million) after identifying shortcomings in the British digital lender's anti-money laundering controls and sanctions screening systems dating back to 2017.
Goldman-backed Starling Bank hit with $38.5 million fine for financial crime prevention failures
London’s Financial Conduct Authority said it has fined Starling “for financial crime failings related to its financial sanctions screening.”
Starling Bank slapped with £29 million fine over ‘shockingly lax’ financial crime controls
The Financial Conduct Authority has fined Starling Bank £29 million over failings related to financial crime and its financial sanctions screenings
Starling Bank faces £29M fine from FCA over financial crime failings, raising IPO prospects concerns
Starling Bank fined £29 million for financial crime control failures, including sanctions breaches and onboarding high-risk customers. Despite the fine, Starling remains an IPO candidate.
Starling Bank fined 29 million pounds for "shockingly lax" financial crime controls
Britain's financial watchdog has fined Starling Bank 29 million pounds ($38.5 million) after finding the digital lender's anti-money laundering controls and sanctions screening systems left the financial system "wide open to criminals".
Starling Faces $38 Million Fine for Breaches Over Financial Crime Failings
U.K. financial regulators fined Starling Bank over $38 million for failures in financial crime prevention. The Financial Conduct Authority imposed the fine for breaches in Starling's financial sanctions screening system and opening accounts for high-risk customers.
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