RegActions records a disclosed FCA monetary penalty of £4,200,000 dated 28 Mar 2013 for EFG Private Bank.
Case facts
| Firm or individual | EFG Private Bank |
|---|---|
| Regulator | Financial Conduct Authority (FCA) |
| Date | 28 Mar 2013 |
| Penalty | £4,200,000 |
| RegActions breach classification | AML |
| Public case ID | 559f016e-b654-4f38-bb18-0717740f0cba |
Case summary
For failing to take reasonable care to establish and maintain effective anti-money laundering (AML) controls for high risk customers.
Official evidence
This page meets the public case-page evidence threshold.
Continue your research
- Search the complete FCA fines database
- View FCA actions from 2013
- Compare enforcement actions in 2013
- Read the enforcement data methodology
Scope
This page describes one source-linked monetary record. RegActions excludes non-monetary outcomes and amounts awaiting review from FCA fine totals. The FCA publication remains the authoritative source.