The UK’s Financial Conduct Authority (FCA) has updated its public register of fines for 2025, revealing a total of £33,421,061.53 in financial penalties as of July. Over 90% of these sanctions have been imposed on the banking and payments sector, highlighting the regulator’s ongoing focus on risk management and anti-money laundering (AML) controls. The most significant fine to date was issued to Monzo Bank Limited, which received a penalty of £21,091,300 on 8 July 2025 for breaches related to internal risk controls and compliance obligations under PRIN 3 and section 55L of the Financial Services and Markets Act (FSMA).
According to FCA statements, shortcomings in risk frameworks and AML procedures were recurring factors behind several enforcement actions this year. The regulator has urged payment firms and banks to enhance their processes, warning that inadequate controls could lead to operational issues such as delayed or frozen withdrawals, directly impacting customers’ access to funds. For online casino players, this underscores the importance of choosing operators and payment methods with strong compliance records to help avoid common issues with withdrawals.
| Entity/Person | Date & Fine | Breach |
|---|---|---|
| Monzo Bank Limited | 8 July 2025 £21,091,300 |
PRIN 3, s.55L FSMA Retail banking |
| The London Metal Exchange | 20 March 2025 £9,245,900 |
REC 2.5.1, MiFID RTS 7 Investment exchanges |
| Mako Financial Markets LLP | 17 Feb 2025 £1,662,700 |
PRIN 2 & 3 Financial crime risk |
Further notable fines include:
- Toni Fox: £567,584 (30 May 2025) for breaches of PRIN 1 and unsuitable pension transfer advice.
- David Brian Price: £465,415 (30 May 2025) for similar breaches as above.
- Infinox Capital Limited: £99,200 (27 January 2025) for transaction reporting failures under MiFIR.
- Arian Financial LLP: £288,962.53 (9 January 2025) for financial crime risk control breaches.
The FCA’s latest data signals that regulatory scrutiny remains high, particularly for institutions handling customer payments. Reliable AML standards and robust customer verification are necessary not only for compliance but also to support consistent, timely withdrawals for users. Players seeking safe withdrawal experiences are advised to consider platforms with a proven track record of regulatory compliance.
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