HomeEnforcement
04 · ENFORCEMENT TRACKER

What failed, and the fix

Real FCA enforcement actions, each broken down into what went wrong and the financial crime controls that would have prevented it. Open a case to see the controls, then design them for your firm.

44
Enforcement cases
£1.1bn
Total penalties
£4m
Median fine
£265m
Largest

Theme mix (all cases)

44
  • Money Laundering· 29
  • Fraud· 15
  • Sanctions Evasion· 1
  • Bribery & Corruption· 2
Firm type

Showing 12 of 44 cases, largest fines first

National Westminster Bank Plc

£265m

FCA · 2021

Money Laundering

Automated and manual red flags were not acted on as a commercial customer deposited around £365m, much of it in cash, far beyond its expected activity.

3 controls mapped

Deutsche Bank AG

£163m

FCA · 2017

Money Laundering

Deficient KYC and a flawed mirror-trading scheme allowed billions to be moved out of Russia through matched trades with no economic purpose.

2 controls mapped

Credit Suisse International, Credit Suisse Securities (Europe) Ltd, and Credit Suisse AG

£147m

FCA · 2021

Money LaunderingBribery & Corruption

Weak financial-crime and anti-bribery controls around opaque loans connected to sovereign debt.

3 controls mapped

Santander UK Plc

£108m

FCA · 2022

Money Laundering

Inadequate monitoring let business accounts receive far more than expected, including funds linked to money laundering, with slow action on alerts.

8 controls mapped

Standard Chartered Bank

£102m

FCA · 2019

Money Laundering

Insufficient CDD and monitoring in higher-risk markets and correspondent relationships.

5 controls mapped

HSBC Bank plc

£64m

FCA · 2021

Money Laundering

Automated transaction monitoring was deficient across several business lines, with weak scenario coverage and data-quality gaps.

3 controls mapped

Barclays Bank plc

£39m

FCA · 2025

Money Laundering

Failed to identify and assess financial-crime risk with due skill, care and diligence over several years.

5 controls mapped

Commerzbank AG

£38m

FCA · 2020

Money Laundering

Long-running failure to conduct timely CDD and to fix known monitoring weaknesses despite internal warnings.

9 controls mapped

Starling Bank Limited

£29m

FCA · 2024

Money LaunderingSanctions Evasion

Sanctions screening covered only a fraction of the sanctions list, and financial-crime controls did not scale with rapid customer growth.

8 controls mapped

Metro Bank plc

£17m

FCA · 2024

Money Laundering

An automated-system gap meant accounts opened from a certain date were never monitored, leaving tens of millions of transactions unscreened.

5 controls mapped

John Wood Group PLC

£13m

FCA · 2026

Fraud

The firm published misleading information, breaching Listing Principle 1 by failing to meet its disclosure obligations.

Santander plc

£12m

FCA · 2014

Fraud

The firm gave unsuitable investment advice and issued financial promotions that were not clear, fair or non-misleading.