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Barclays fined £42m for poor money laundering checks

Barclays fined £42m for poor money laundering checks

BBC News16-07-2025
Barclays Bank has been fined £42m by the UK's financial watchdog for failures in its money laundering risk management.The Financial Conduct Authority (FCA) said Barclays had not properly vetted two of its clients, Stunt & Co and WealthTek.The FCA said Barclays "facilitated the movement of funds linked to financial crime" by providing services to Stunt & Co and said there was "an increased risk" of client money misappropriation or money laundering from its failure to check WealthTek.Barclays has been approached for comment.
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Coroner issues warning over unregulated e-bike batteries after man's death in house fire

The Independent

time2 minutes ago

  • The Independent

Coroner issues warning over unregulated e-bike batteries after man's death in house fire

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Scottish Sun

time2 minutes ago

  • Scottish Sun

Primark owner to buy 135-year-old business in huge deal

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BBC News

time2 minutes ago

  • BBC News

Gordon Brown calls for gambling tax to cut child poverty

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