This is a news story, published by Sky News, that relates primarily to The Financial Conduct Authority news.
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74% Informative
The Financial Conduct Authority said the bank failed to have the right systems and controls to monitor more than 60 million transactions with a value of over 51bn .
The regulator identified failings between June 2016 and December 2020 and said they occurred despite concerns being raised by junior staff as early as 2017 .
The bank was rescued in a recapitalisation deal just over a year ago .
VR Score
83
Informative language
89
Neutral language
43
Article tone
semi-formal
Language
English
Language complexity
53
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
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