Major retail and commercial bank NatWest has pleaded guilty to three offenses under the UK Money Laundering Regulations at Westminster Magistrates’ Court. The plea is likely to result in the bank receiving a major fine. 

The UK high street bank is likely to be handed a fine upwards up £170 million. 

The case is the first of its kind in the UK. 

This is a breaking story, more to follow. 

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