Farage row: no evidence of politicians being debanked, watchdog set to find

2 weeks ago 15

FCA review gained attention after closure of former Ukip leader’s account by Coutts

The UK’s financial regulator is expected to say it found no evidence that UK politicians are being denied bank accounts or other financial services, after launching a review in the wake of the Nigel Farage debanking row.

The Financial Conduct Authority (FCA) is due to release the results of its review by the end of the week, after contacting both banks and politically exposed persons (PEPs) – who include MPs, peers, leaders of UK political parties and senior ranking military officers – last month.

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