{"id":89552,"date":"2024-10-03T02:25:20","date_gmt":"2024-10-03T06:25:20","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=89552"},"modified":"2024-10-03T02:37:10","modified_gmt":"2024-10-03T06:37:10","slug":"goldman-backed-starling-bank-fined-38-5-million-for-shockingly-lax-financial-crime-controls","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2024\/goldman-backed-starling-bank-fined-38-5-million-for-shockingly-lax-financial-crime-controls.html","title":{"rendered":"Goldman-backed Starling Bank fined $38.5 million for \u2018shockingly lax\u2019 financial crime controls"},"content":{"rendered":"\n<p>(CNBC) U.K. financial regulators hit British digital lender Starling Bank with a $38.5 million) fine over failings related to its financial crime prevention systems. In a statement on Wednesday, London\u2019s Financial Conduct Authority said it had fined Starling \u201cfor financial crime failings related to its financial sanctions screening.\u201d Starling also repeatedly breached a requirement not to open accounts for high-risk customers.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/10\/02\/goldman-sachs-backed-digital-bank-starling-hit-with-fca-fine.html\">To read this article:<\/a><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) U.K. financial regulators hit British digital lender Starling Bank with a $38.5 million) fine over failings related to its financial crime prevention systems. In a statement on Wednesday, London\u2019s Financial Conduct Authority said it had fined Starling \u201cfor financial [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89552","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=89552"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89552\/revisions"}],"predecessor-version":[{"id":89553,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89552\/revisions\/89553"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=89552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=89552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=89552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}