This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Monzo fined GBP21 million over lax UK financial crime controls in 2018-2020

By Martin Coyle ( July 8, 2025, 09:51 GMT | Insight) -- UK online bank Monzo has been fined 21.1 million pounds ($28.7 million) by the country’s financial regulator for financial crime failings between October 2018 and August 2020. The challenger bank has been under investigation by the Financial Conduct Authority since 2021 when the regulator began looking at its financial crime and anti-money laundering controls.UK online bank Monzo has been fined 21.1 million pounds ($28.7 million) by the country’s financial regulator for financial crime failings over a two-year period....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login