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Tag: RBS

rbs's bank failure

RBS’s Expensive Failure – A £5.6m Case Study

June 17, 2014Sanctionsgeorge

RBS’s expensive failure to adequately screen its clients In what has become a screaming warning for businesses and organizations globally, Royal Bank of Scotland (RBS) was fined £5.6m in 2010 for failing to implement adequate systems and controls to prevent…

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