Financial Crime Financial Crime

Comment: UK debanking probe’s credibility rests on revealing how banks see ‘reputational risk’

By Phoebe Seers and Martin Coyle
  • 20 Sep 2023 17:19
  • 20 Sep 2023 17:19
A report by the UK financial services regulator that suggested not a single person has lost a bank account “primarily” because the bank disagreed with their political views has been met with scorn and disbelief.
But the Financial Conduct Authority report, published yesterday, made clear that some banks and payment

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Phoebe Seers

Correspondent


Phoebe has covered Financial Crime and compliance issues for MLex since 2015, initially in the Hong Kong bureau and currently in London. While in Hong Kong she won two SOPA awards for her reporting on corruption in the energy sector in Indonesia. Prior to journalism she worked as a solicitor with a focus on white-collar crime litigation in London and Hong Kong. She has a BA in English and Philosophy from Newcastle University.

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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