Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: NatWest Markets Plc
Current Parent Company: NatWest Group PLC
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $35,000,000
Year: 2021
Date: December 21, 2021
Offense Group: competition-related offenses
Primary Offense: fraud
Secondary Offense: investor protection violation
Violation Description: NatWest pleaded guilty to one count of wire fraud and one count of securities fraud in connection with a criminal information filed in the District of Connecticut. U.S. District Judge Omar A. Williams accepted the pleas and sentenced NatWest to pay approximately $35 million in a criminal fine, restitution, and forfeiture. NatWest also will serve three years of probation and will agree to the imposition of an independent compliance monitor.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Criminal Division
Civil or Criminal Case: criminal
HQ Country of Current Parent: United Kingdom
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking & securities
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.