RegActions records a disclosed FCA monetary penalty of £29,000,000 dated 2 Oct 2024 for Starling Bank.
Case facts
| Firm or individual | Starling Bank |
|---|---|
| Regulator | Financial Conduct Authority (FCA) |
| Date | 2 Oct 2024 |
| Penalty | £29,000,000 |
| RegActions breach classification | Financial crime and AML |
| Public case ID | 9139d698-b9b3-494f-911c-055cebbf8e2d |
Case summary
FCA fines Starling Bank £29m for failings in their financial crime systems and controls Last updated: 05/12/2025 See all updates The FCA has fined Starling Bank Limited £28,959,426 for financial crime failings related to its financial sanctions screening. It also repeatedly breached a requirement not to open accounts for high-risk customers.
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.