The Financial Conduct Authority has fined Starling Bank £29 million for financial crime failings related to its financial sanctions screening. The FCA said it also repeatedly breached a requirement not to open accounts for high-risk customers. Starling, backed by Goldman Sachs, was founded in 2014 by Anne Boden. It grew quickly, from approximately 43,000 customers … Continue reading Starling Bank fined £29m for ‘shockingly lax’ financial crime controls