The Financial Conduct Authority has fined Santander UK Plc £107.7 million after it found serious and persistent gaps in its anti-money laundering controls which affected its business banking customers. The FCA said that between 31st December 2012 and 18th October 2017, Santander failed to properly oversee and manage its AML systems, which significantly impacted the … Continue reading Santander UK fined £108m for anti-money laundering failures