World · 24 March 2026

UK Watchdog Fines Bank of London £2 Million

Neil Theasby via Wikimedia Commons (CC BY-SA 2.0)

The Prudential Regulation Authority fined the Bank of London and its parent, Oplyse Holdings Limited, £2 million for misleading the regulator over capital positions, failing to act with integrity and failing to maintain adequate financial resources. The PRA described this as its first ever action against a firm for failing to act with integrity.

By BriefTea Editorial · 24 March 2026 at 19:40

Reported by CNBC TV18 · How we write briefs

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