Compliance Monitor
Metro Bank fined for making inaccurate risk weightings on loan book over 32 months
By Neasa MacErlean
MetroBank became
oneof only two firms to be fined by the Prudential Regulation Authorityin 2020 when it was ordered to pay £5.38 million for filing an “inaccuratepicture”
of its regulatory capital position over nearly three years.
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