Financial Crime Financial Crime

Comment: NatWest's criminal case warns other banks to take laundering controls seriously

By Martin Coyle
  • 07 Oct 2021 12:09
  • 07 Oct 2021 12:09
NatWest’s guilty pleas to criminal charges of money-laundering failures can be understood as an early result of a significant increase in pressure by UK enforcers on banks that fall short in their financial-crime controls.

The bank, which is majority owned by the UK government, faces a fine likely to reach hundreds o

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Martin Coyle

Senior Correspondent


Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.

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