Financial Crime Archives - CDR News

Nationwide hit with GBP 44 million fine

Robert Li — Thu, 18 Dec 2025 09:00:00 +0000

The FCA has sanctioned the UK building society for its deficient anti-financial crime controls between 2016 and 2021.

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Friday round-up: ex-public prosecutor joins Rajah & Tann in Singapore

Robert Li — Fri, 07 Nov 2025 15:55:47 +0000

Mishcon de Reya has formally launched in three jurisdictions including in the Middle East region, where Morgan Lewis has also opened a new office.

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Two thirds of corporate finance firms have AML gaps, says FCA

Natasha Doris — Wed, 22 Oct 2025 16:09:54 +0000

The agency has reported troubling compliance weaknesses in UK financial entities, but did find an appetite for reporting concerns.

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FCA continues its assertive approach

Robert Li — Wed, 30 Jul 2025 14:32:23 +0000

The UK regulator has reported a drastic slowing of investment and payment fraud, in an eventful year. A government call to expand its remit is likely to have wide-ranging effects.

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Legal services identified as high UK money laundering risk

Natasha Doris — Fri, 18 Jul 2025 16:39:23 +0000

A report which has highlighted the legal sector as a weak point in the UK financial crime regime has drawn criticism from the Law Society of England and Wales.

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Barclays fined GBP 42 million for financial control failings

Natasha Doris — Thu, 17 Jul 2025 06:00:00 +0000

The bank has drawn the FCA’s ire for anti-financial crime compliance shortcomings.

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FCA fines Monzo GBP 21 million over egregious anti-financial crime controls

Natasha Doris — Wed, 09 Jul 2025 14:49:45 +0000

The retail bank operated with a weak anti-financial crime regime between 2018 and 2020 and accepted high-risk clients.

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WilmerHale white-collar co-head hikes to CRS

Robert Li — Tue, 01 Jul 2025 11:19:57 +0000

A former investigations and criminal litigation co-head at WilmerHale in London has joined Charles Russell Speechlys, bringing notable private practice and public service experience.

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