PEP regime under scrutiny in UK, as NatWest head resigns over Farage-Coutts row

Updated as of: 26 July 2023
As the chief executive of NatWest Group resigns over a decision by its wealth management subsidiary Coutts to close an account belonging Brexit campaigner Nigel Farage, the UK government has issued new policy statements on the debanking of politically-exposed persons and the relationship of banking and free speech.