Question to the Attorney General:

To ask the Attorney General, pursuant to the Answer of 20 February 2018 to Question 127856 on money laundering, how many of those businesses have been fined more than once; and what the (a) average, (b) lowest and (c) highest value of those fines was.

The ‎work of the FCA is a matter for HMT. Officials at HMT have advised that in January 2017, the FCA fined Deutsche Bank £163 million, its largest ever financial penalty for AML failings.

All FCA fines levied against businesses are published online. The link to the webpage can be found below:

www.fca.org.uk/news/news-stories/2017-fines

HMT does not hold data on how many firms have been fined more than once, the lowest fine, nor the average value of fines.