Clare Montgomery QC acted for the Finance Conduct Authority in their investigation and prosecution of NatWest. The 2007 Money Laundering Regulations required NatWest to ensure they had adequate anti-money laundering systems and controls to prevent money laundering. NatWest Bank pleaded guilty to failing to monitor and scrutinise suspicious activity on 7 October and the case has now been committed to Southwark Crown Court for sentencing.
NatWest pleads guilty to failing to prevent money laundering
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