A sacked HM Revenue and Customs (HMRC) officer who abused her position to help her husband launder £3.3m of criminal money has been sentenced today.

Challenger bank Metro Bank has been fined £16m by the Financial Conduct Authority for money laundering failings from 2016 to 2020.

The FCA’s anti money-laundering department has urged professional bodies to improve their anti-money laundering efforts after it reported ineffective supervision.