FSA/FCA List of fines reviewed:
The fines below since 2002 are not exhaustive, but the current total fine issue is approximately £269,201,500
2002 (£750,000)
- 2002 – Royal Bank of Scotland Plc – £750,000
2003 (£3,570,000)
- 2003 – Abbey National Plc – £2,320,000
- 2003 – Northern Bank – £1,250,000
2004 (£2,125,000)
- 2004 – Bank of Ireland – £375,000
- 2004 – Bank of Scotland – £1,250,000
- 2004 – Carr Sheppards Crosthwaite – £500,000
2005 (£205,000)
- 2005 – Investment Services UK Limited – £175,000
- 2005 –Ram Melwani [Investment Services UK Limited – Managing Director ] – £30,000
2008 (£66,500)
- 2008 – Sindicatum Holdings Limited (SHL) – £49,000
- 2008 –Michael Wheelhouse [Sindicatum Holdings Limited (SHL) MLRO] – £17,500
2010 (£153,000)
- 2010 – Alpari (UK) Limited – £140,000
- 2010 –Sudipto Chattopadhyay (Alpari (UK) Limited MLRO) – £14,000
2012 (9,586,500)
- 2012 – Habib Bank AG Zurich (Habib) – £525,000
- 2012 – Syed Itrat Hussain [Habib Bank AG Zurich (Habib) former MLRO] – £17,500
- 2012 – Coutts – £8,750,000
- 2002 – Turkish Bank (UK) Ltd – £294,000
2013 (£4,725,000)
- 2013 – EFG Private Bank Ltd – £4,200,000
- 2013 – Guaranty Trust Bank (UK) Limited – £525,000
2014 (£7,640,400)
- 2014 – Standard Bank PLC – £7,640,400
2015 (£74,129,500)
- 2015 – Bank of Beirut (UK) Ltd. – £2,100,000
- 2015 – Anthony Wills (former compliance officer), £19,600
- 2015 – Michael Allin (internal auditor Bank of Beirut (UK) Ltd.) – £9,900
- 2015 – Barclays – £72,000,000
2016 (£3,250,600)
- 12/10/2016 – Sonali Bank (UK) Limited – £3,250,600 – For breaches of PRIN 3 and PRIN 11 related to culture/governance, failing to be open and co-operative and financial crime in the retail bank sector.
- 12/10/2016 – Steven Smith [Sonali Bank (UK) Limited] – £17,900 – For breaches of APER 6 and PRIN 3 (knowingly concerned) related to financial crime and a lack of fitness/propriety in the retail bank sector.
2017 (163,000,000)
- 31/01/2017 FCA fines Deutsche Bank £163,000,000 for serious anti-money laundering controls failings