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NatWest Group Plc unit faces U.K. criminal charges for failing to comply with money laundering rules over 264 million pounds ($365 million) deposited in a companys account.

The Financial Conduct Authority said Natwests systems and controls failed to adequately monitor and scrutinize increasingly large cash deposits made to a U.K. incorporated customer from 2011 to 2016.

NatWest will appear at Westminster Magistrates Court on April 14.

NatWest said in a statement it takes extremely seriously its responsibility to seek to prevent money laundering by third parties, and has been cooperating with the FCAs investigation.

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