RegActions records a disclosed FCA monetary penalty of £14,474,600 dated 27 Aug 2014 for The Royal Bank of Scotland plc and National Westminster Bank plc.
Case facts
| Firm or individual | The Royal Bank of Scotland plc and National Westminster Bank plc |
|---|---|
| Regulator | Financial Conduct Authority (FCA) |
| Date | 27 Aug 2014 |
| Penalty | £14,474,600 |
| RegActions breach classification | LENDING |
| Public case ID | 5cd62c99-5ceb-4565-a8cf-d63b6d5cfdc3 |
Case summary
For serious failings in their advised mortgage business.
Official evidence
This page meets the public case-page evidence threshold.
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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.