TITLE

FCA and PRA combine to fine RBS £56m over its IT systems failure

AUTHOR(S)
NORMAN, TESSA
PUB. DATE
November 2014
SOURCE
Money Marketing;11/27/2014, Issue 1463, p36
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on fines imposed on the Royal Bank of Scotland (RBS) by the British Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) for an information technology (IT) failure in 2012 that left customers unable to access money from their accounts or pay bills.
ACCESSION #
99788525

 

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