U.K. regulators said Monzo didn't properly vet new customers, while Vocalink was dinged for risk management lapses. Also, ...

On 2 July 2025, the FCA finally issued its long-awaited next steps document (CP25/18: Tackling non-financial misconduct in financial services) on the proposed new guidance on non-financial misconduct ...

The FCA said Monzo’s financial crime systems and controls ‘failed to keep pace’ with its rapid growth in customers numbers in ...

More than half of people who have acted on financial advice they came across on social media said they ended up losing money, ...

Britain's Financial Conduct Authority has fined the online bank Monzo the equivalent of more than $28 million for failing to ...

Monzo Bank has been fined £21million for 'inadequate anti-financial crime systems' spanning a period between October 2018 and ...

The Financial Conduct Authority (FCA) has fined Monzo Bank Ltd £21,091,300 for its inadequate anti-financial crime systems ...

Britain's financial regulator has fined digital bank Monzo 21 million pounds ($28.57 million) for failings in its ...

Monzo, a top UK-based digital bank, has been hit with a penalty of £21,091,300 for "inadequate anti-financial crime systems ...

The University of Birmingham is one of the six institutions to receive an award in the Financial Conduct Authority’s ...

Monzo has become the latest UK challenger bank to be fined by the Financial Conduct Authority for “inadequate” financial ...

The Financial Conduct Authority has fined Monzo Bank £21.1m for serious failings in its anti-financial crime controls. The ...