City watchdog the FCA says NatWest may have breached City regulations, as the bank today published an independent report into the closure of Nigel Farage’s bank account and subsequent leaking of details about his status with the bank.
NatWest today published a report from law firm Travers Smith that looked at both the closure of Farage’s account with Coutts and former NatWest boss Alison Rose revealing information that informed a BBC report. The report, later found to be inaccurate, claimed the decision was solely a commercial one. Farage later produced a dossier created by Coutts’ Reputational Risk Committee that noted many of his political views.
