Revolut, the first fully digital bank is facing charges for violation of professional obligations and facilitation of money laundering.
As part of the situation the CFO has resigned and a number of agency enforcement measures were taken over staff members and the bank itself.
Following a whistle-blower escalation, the Bank decided to report itself to the FCA and to take measures over daily management.
Revolut is now linked to a number of scandals, including labour related issues (with dramatic turnover), AML investigations, accusations over poor compliance culture, inadequate governance, resource and administrative structuring:
In addition to such issues, Revolut faces marketing related issues after their campaign following Saint Valentine’s day.
Revolut is now linked to a number of scandals, including labour related issues (with dramatic turnover), AML investigations, accusations over poor compliance culture, inadequate governance, resource and administrative structuring:
In addition to such issues, Revolut faces marketing related issues after their campaign following Saint Valentine’s day.
