U.K. regulators said Monzo didn't properly vet new customers, while Vocalink was dinged for risk management lapses. Also, ...

From 1 September 2026, around 37,000 regulated firms, including asset managers and hedge funds will be subject to the ...

The FCA said Monzo’s financial crime systems and controls ‘failed to keep pace’ with its rapid growth in customers numbers in ...

Britain's Financial Conduct Authority (FCA) said on Thursday it will review existing client categorisation rules to ensure that they are proportionate for professional and retail clients, to boost ...

On 2 July 2025, the FCA finally issued its long-awaited next steps document (CP25/18: Tackling non-financial misconduct in financial services) on the proposed new guidance on non-financial misconduct ...

Britain's Financial Conduct Authority has fined the online bank Monzo the equivalent of more than $28 million for failing to ...

The Financial Conduct Authority shut down more than 1,600 websites in 2024 as part of a major crackdown on unauthorised financial services and online fraud. The regulator also had over 50 apps removed ...

Britain's financial regulator has fined digital bank Monzo 21 million pounds ($28.57 million) for failings in its ...

The Financial Conduct Authority (FCA) has fined Monzo Bank Ltd £21,091,300 for its inadequate anti-financial crime systems ...

The University of Birmingham is one of the six institutions to receive an award in the Financial Conduct Authority’s ...

Monzo has become the latest UK challenger bank to be fined by the Financial Conduct Authority for “inadequate” financial ...

Monzo Bank has been fined £21million for 'inadequate anti-financial crime systems' spanning a period between October 2018 and ...