The FCA has today announced that it is prosecuting NatWest for breaches of the Money Laundering Regulations relating to customer due diligence. This marks the FCA’s first criminal prosecution of this kind and is a signal to companies of all sizes of a new era in anti-money laundering enforcement. Jonathan Fisher QC today commented on the prosecution and its implications for regulated entities of all kinds as the news broke.
www.ft.com/content/df2aea12-265e-4a71-aead-bef65eb78ec7 (paywall)
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Bright Line Law specialises in anti-money laundering advice and representation. Jonathan Fisher QC is ranked in Band 1 for this work by the legal directories Chambers and Legal 500. Bright Line advises firms and companies of all sizes on compliance matters and contentious proceedings.
