CITY AM – Starling Bank fined £29m for ‘shockingly lax’ financial crime controls

CITY AM - Starling Bank fined £29m for ‘shockingly lax’ financial crime controls

CITY AM – Starling Bank fined £29m for ‘shockingly lax’ financial crime controls

CITY AM reports the Financial Conduct Authority (FCA) has fined digital challenger bank Starling £28.96m for failings related to its financial crime controls, which the City regulator called “shockingly lax”.

Elsewhere, the front page reports Canary Wharf has unveiled a groundbreaking biodiversity scheme with the Eden Project, as the banking district goes green to improve workers’ experiences.

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