FCA fines / 2021 / National Westminster Bank Plc

National Westminster Bank Plc FCA fine

RegActions records a disclosed FCA monetary penalty of £264,772,620 dated 13 Dec 2021 for National Westminster Bank Plc.

Case facts

Firm or individualNational Westminster Bank Plc
RegulatorFinancial Conduct Authority (FCA)
Date13 Dec 2021
Penalty£264,772,620
RegActions breach classificationAML
Public case IDa7c11c84-2c9d-4100-9a49-61a637f91498

Case summary

For 3 offences of failing to comply with the Money Laundering Regulations 2007. Note: This is not a fine that will appear in the FCA’s statutory accounts as it is not levied by, or paid to, the FCA.

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.