UK debanking rules and compliance challenges in Compliance Week
May 14 2026
Media Coverage
As the UK introduces tighter rules on bank account closures, financial institutions continue to face increasing pressure to balance financial crime compliance obligations with fair access to banking services for their customers. A recent article by Compliance Week examines the evolving debanking landscape, including the regulatory, reputational and operational challenges facing banks and payment service providers.w
Thomas Cattee, Partner at Gherson LLP, was featured in the article “U.K. tightens debanking rules as compliance teams in banks walk a regulatory tightrope,” commenting on the rise in account closures and the broader compliance considerations institutions must navigate when addressing financial crime risks.
Read more in the article: U.K. tightens debanking rules as compliance teams in banks walk a regulatory tightrope – Compliance Week
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