Basic Search  |  Summaries  |  Advanced Search

Violation Tracker UK Individual Case

Company: Barclays Bank plc
Current Parent CompanyBarclays
Parent at the Time of the Penalty Announcement: Barclays
Penalty: £72,069,400
Year: 2015
Date: 25 November, 2015
Offence Group: financial offences
Offence Type: anti-money-laundering deficiencies
Violation Description: Barclays paid a £19,769,400 fine and made a £52,300,000 disgorgement in settlement of a finding by the FCA that the company did exercise due skill, care and diligence in managing the risk of financial crime when it decided that clients with large deposits and confidentiality demands required it to address the financial crime risks in an ad hoc way instead of through normal departments.
Action Type: agency action
Settlement Type: settlement of FCA Decision
Agency: Financial Conduct Authority
HQ Country of Parent: United Kingdom
Ownership Structure of Parent: publicly traded
Major Industry of Parent: financial services
Specific Industry of Parent: banking
Source of Data(click here)