Financial Stability

UK banks wrapped over the knuckles on trade finance

By Justin Pugsley
BRR fallback image

The warnings could see the regulators demanding to see evidence of actions being taken to tighten compliance measures and ordering laggard banks to address specific failings. In particular, they have identified “several significant issues relating to both credit risk analysis and financial crime controls”.

The Prudential Regulation Authority (PRA) and ...

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