20211221 R v Natwest added to case studies
Financial Crime Risk and Compliance Training adds R v NatWest to its Financial Crime Case Studies package.
The case of R v Natwest is a landmark in determining the primacy of law v regulation. It is also a landmark being the first criminal prosecution by a the UK's primary financial services regulator, the Financial Conduct Authority of a financial institution for failing to comply with the Money Laundering Regulations.
The case reveals conflicts of interest in the regulatory regime and demonstrates that there is never a single point of failure when money laundering risk and compliance falls short of expectations.
The case has been added to the Financial Crime Case Studies collection at https://learning.financialcrimeriskandcompliancetraining.com/courses/fi…