Money Laundering Bulletin
Santander UK fined UK£108m for years of failed AML
Almost ten years after the UK subsidiary of Spanish banking group Santander started to breach its AML obligations, the UK Financial Conduct Authority has finally levied a penalty for "serious and persistent" failings.
Almost ten years after the UK subsidiary of Spanish banking group Santander started to breach its AML obligations, the UK
Financial Conduct Authority (FCA) has levied a penalty for "serious and persistent" failings. [1]