BRITISH Brexit agitator Nigel Farage claims the country’s banks have de-risked him, alleging it is because they pro-Remain. On Thursday, the former MEP who for decades campaigned for Britain to leave the EU said a top bank would not let him open an account. He said he was being made to feel like a “non…
Banking, Compliance, Financial Services, Regulatory, UK
NEWS: Brexit leader Nigel Farage being de-risked by UK banks; claims he’s been rejected as customer by seven lenders

DE-BANKED: Controversy around how UK financial institutions interact with PEPs erupted last year. This came after it emerged that Alison Rose, the chief executive of Coutts’s owner, NatWest, had discussed the matter of Nigel Farage’s bank account with a BBC journalist. Today the FCA issued its findings on how banks deal with PEPs.