BREAKING: Major British Bank NatWest pleads guilty to AML failings surrounding £365M in suspicious transactions - AML Intelligence
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BREAKING: Major British Bank NatWest pleads guilty to AML failings surrounding £365M in suspicious transactions

By Dan Byrne for AMLi

One of Britain’s largest banks has pleaded guilty in London to charges of anti-money laundering failings.

National Westminster Bank Plc – more commonly known as NatWest – admitted in Westminster Magistrates’ Court that it had acted in breach of the UK’s Money Laundering Regulations. It now awaits sentencing.

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