Barclays and Lloyds reveal AML investigations in UK

UK high street banks Barclays and Lloyds have been under investigation by the UK Financial Conduct Authority (FCA) over compliance with the Money Laundering Regulations and its own rules, according to their 2023 annual reports.

UK high street banks Barclays and Lloyds have been under investigation by the UK Financial Conduct Authority (FCA) over compliance with the Money Laundering Regulations and its own rules, according to their 2023 annual reports.