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  1. UK regulator fines The Bank of London £2m for misleading capital reporting and integrity breaches

Companies 1

  • PRA imposed £2m fine on The Bank of London and parent Oplyse Holdings for misleading capital positions and integrity failures
  • First PRA enforcement action against a parent financial holding company and first for 'failing to act with integrity'
  • Breaches included fabricated documents, inadequate capital reporting, and failure to disclose solvency deterioration over 2021-2024