Basic Search  |  Summaries  |  Advanced SearchPenalty: £107,793,300
Year: 2022
Date: 9 December, 2022
Offence Group: financial offences
Offence Type: anti-money-laundering deficiencies
Violation Description: Santander was fined £107 million in settlement of a finding by the FCA that the bank failed to properly oversee and manage its anti money-laundering systems over several years.
Action Type: agency action
Settlement Type: settlement of FCA Decision
Agency: Financial Conduct Authority
HQ Country of Parent: Spain
Ownership Structure of Parent: publicly traded
Major Industry of Parent: financial services
Specific Industry of Parent: banking
Source of Data: (click here)