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Monzo Bank getting a kicking on 'Watchdog'

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Comments

  • brianposter
    brianposter Posts: 1,664 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    jonnygee2 wrote: »
    If there was a problem with the way Monzo dealt with financial crime the regulators would be dealing with it.

    The fact there is an indipendent regulator that has full access to all of the information and is apperantly satisfied with the way they act is all we need to know.

    The watchdog program and posters here don't have any access to any of the relevant information on why these decisions were made and are therefore pretty meaningless.

    Was there not a debate in parliament last year because MPs were seriously concerned about the competence of the regulator ?
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