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NEWS: Farage launches legal action against Coutts Bank which is now allowing him to keep account

Premium August 1, 2023

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.

NEWS: 230 arrested, €300M seized as encrypted app data reveals gangsters behind four major European OCGs

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NEWS: EPPO seeks 50% funding boost due to rising fraud cases

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NEWS: China debates how to handle criminal crypto cache

By Alisha Houlihan for AMLi

Nigel Farage has revealed Coutts has offered to allow him to keep his accounts, which amounts to a full reversal of course by the bank. 

But the politician is now also embarking on legal action demanding a full apology, compensation and a face-to-face meeting with the bank’s new management.

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NEWS: 230 arrested, €300M seized as encrypted app data reveals gangsters behind four major European OCGs

 Premium

NEWS: EPPO seeks 50% funding boost due to rising fraud cases

 Premium

NEWS: China debates how to handle criminal crypto cache

Regulatory Watch News

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