An end of year surge has seen FCA fines increase to £577 million this year, up from £156 million last year, the highest value of fines since 2015.
The increase in fines in 2021 was dominated by four large fines of over £50 million. Last year saw just one fine issued over this amount.
This month, the largest fine of £265 million was imposed on Natwest for failing to comply with anti-money laundering (AML) measures. This also led to a criminal pros...
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