Basic Search  |  Summaries  |  Advanced SearchPenalty: £14,000,000
Year: 2014
Date: 20 November, 2014
Offence Group: financial offences
Offence Type: internal controls deficiency
Violation Description: The Prudential Regulation Authority fined Royal Bank of Scotland Plc, National Westminster Bank Plc and Ulster Bank Ltd £14 million for inadequate systems and controls which led to a serious IT incident in 2012.
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 & securities
Source of Data: (click here)