Barclays probed by UK regulator over anti-money-laundering systems

FCA review is latest problem for lender that has struggled with compliance missteps in recent years.

10 February, 2023 by Siddharth Venkataramakrishnan and Stephen Morris in London

Barclays is being probed by the UK financial regulator for suspected persistent failings in its compliance and anti-money laundering systems, according to people with knowledge of the matter.

The Financial Conduct Authority issued a notice last spring requiring an independent review

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