Royal Bank of Scotland was hit with a $8.9m fine by British regulators due to IT system glitches that exposed the bank to possible financial transactions by terrorists. The Financial Services Authority reports the bank didn’t have adequate controls in place at RBS, NatWest, Ulster Bank and Coutts units.
RBS pays $8.9m to wash away IT shortfall
Most Popular Articles
Latest Articles
Best real estate continuing education schools for quick and easy license renewal in 2024
Need to renew your license this year? Check out our favorite real estate continuing education courses for a quick & easy renewal.
