Video Info
- Published on: 03/09/2025
- Full Description
Nationwide has been fined £44m by the Financial Conduct Authority (FCA) for failures in its anti-financial crime systems.
An investigation by the regulator found that between October 2016 to July 2021, the building society had ineffective systems for keeping up-to-date due diligence and risk assessments for all its personal current account customers and for monitoring their transactions
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
Content editor at MoneyAge, Dan McGrath, spoke to the chief executive officer at Air, Will Hale, about the later-life lending industry, the importance of tailored advice and how technology and obligations have shaped the sector.
Content editor, Dan McGrath, spoke to senior BDM at Chorley Building Society, Shane Dye, about the role of the first-time buyer sector in the mortgage industry, its recovery following the mini-Budget, and what the society offers to support those in the market


