RegActions records a disclosed FCA monetary penalty of £4,023,600 dated 11 Jan 2023 for Al Rayan Bank PLC.
Case facts
| Firm or individual | Al Rayan Bank PLC |
|---|---|
| Regulator | Financial Conduct Authority (FCA) |
| Date | 11 Jan 2023 |
| Penalty | £4,023,600 |
| RegActions breach classification | AML |
| Public case ID | 81ffca3c-da06-4830-93eb-d2babaae547b |
Case summary
This Final Notice refers to breaches of PRIN 3 related to Financial Crime in the Retail Bank sector. We imposed a Financial Penalty.
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.