Banking fines: a lesson in oversight and governance

Published on: 09/01/2026 00:00

In July 2025, the Financial Conduct Authority (FCA) fined Monzo Bank £21.1 million and Barclays Bank plc £39.3 million. This followed fines for Metro Bank (£16 million) and Starling Bank (£29 million) in 2024. Clearly, the regulator is concerned with the strength of firms’ financial crime controls and unafraid to act when they do not meet expectations.

Read the full article published in Financial Regulation International (subscription).