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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.

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NEWS: Thales, Europe’s largest defence technology company, faces bribery probe from UK’s SFO

BREAKING: UK sanctions trio of wealthy oligarchs in new campaign against dirty money

INSIGHT: Corporate secrecy ‘scourge’ in fight against fincrime, time for fully public BO registers, says Financial Times

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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Premium

NEWS: Thales, Europe’s largest defence technology company, faces bribery probe from UK’s SFO

BREAKING: UK sanctions trio of wealthy oligarchs in new campaign against dirty money

INSIGHT: Corporate secrecy ‘scourge’ in fight against fincrime, time for fully public BO registers, says Financial Times

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