Chrysalis holding Starling Bank hit with £29m fine over 'shockingly lax' financial crime controls

Bank represents 30% of the trust’s NAV

Valeria Martinez
clock • 2 min read

Chrysalis holding Starling Bank has been hit with a £29m fine by the Financial Conduct Authority over the company’s “shockingly lax” financial crime controls.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Regulation

Trustpilot