Wednesday, October 28, 2020

FCA focused on anti money laundering in fight against financial crime

FCA focused on anti money laundering in fight against financial crime 1
By Olaalpha

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FCA focused on anti money laundering in fight against financial crime 2

The UK branch of the Indian bank was fined £896,100 by the FCA in June 2018 for breaching Principle 3 (taking reasonable steps to organise its affairs responsibly and effectively, with adequate risk management systems) of the FCA’s Principles for Businesses. It was also banned from accepting deposits from […]

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