Britain’s Financial Conduct Authority (FCA) has opened an investigation into Lloyds Banking Group’s anti-money laundering controls, the lender disclosed in its annual report on Thursday. Lloyds said the investigation related to its compliance with money laundering rules in Britain and the FCA’s rules and principles of business, with a focus on its controls framework. The…
Subscribe now to have unlimited access
With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!
