FCA fines / 2018 / Canara Bank

Canara Bank FCA fine

RegActions records a disclosed FCA monetary penalty of £896,100 dated 6 Jun 2018 for Canara Bank.

Case facts

Firm or individualCanara Bank
RegulatorFinancial Conduct Authority (FCA)
Date6 Jun 2018
Penalty£896,100
RegActions breach classificationAML
Public case IDfbabae74-4fb7-49be-a2ad-e2bf7d9db5bc

Case summary

This Final Notice refers to breaches of Principle 3 and SYSC related to financial crime in the retail bank sector. We imposed a fine and restriction.

Official evidence

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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.