Financial Crime Financial Crime

Ghana International Bank latest to be fined by UK watchdog for financial-crime failings

By Martin Coyle
  • 23 Jun 2022 11:59
  • 23 Jun 2022 11:59
Ghana International Bank has become the second UK firm in two days to be handed a multimillion-pound fine by the financial markets regulator over poor financial-crime controls.

The Financial Conduct Authority fined the London-based lender 5.8 million pounds ($7 million) today for breaches of the UK’s money laundering regulations. It had lax controls

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