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FCA probes Monzo bank over potential AML breaches

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Published on: 02 August 2021
Published by a Law360 reporter

Article summary

Law360, London: Online lender Monzo said on 30 July 2021 that the Financial Conduct Authority (FCA) has launched a probe into its compliance with anti-money laundering (AML) rules after it revealed £130m in losses for the financial year to February 2021.

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