Violation Tracker UK Individual Case

Company: Metro Bank plc
Current Parent Company: Metro Bank PLC
Penalty: £5,376,000
Year: 2021
Date: 22 December, 2021
Offence Group: financial offences
Offence Type: internal controls deficiency
Violation Description: The Prudential Regulation Authority imposed a financial penalty on Metro Bank plc of £5,376,000 for failing to act with due skill, care and diligence in relation to the regulatory reporting of its capital position and for failings in its regulatory reporting governance, controls and investment with respect to its Common Reporting returns.
Action Type: agency action
Agency: Prudential Regulation 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)