On 23 March 2026, the Prudential Regulation Authority issued a Final Notice to The Bank of London Group Limited and its parent company, Oplyse Holdings Limited, imposing a financial penalty of £2 million in connection with prudential and governance failings which included misleading the PRA over capital positions and failing to maintain adequate financial resources.
For the key takeaways from this case, as well as the key findings, please see our latest Notice in a Nutshell briefing here. All of our publications in this series can be found here.