Business & M&ASBC News · 2h ago
Santander case highlights the offshore gambling challenge facing UK banks
By Ted Orme-Claye•November 6, 2026
The brief
Santander has been ordered to refund thousands in gambling losses by the UK ombudsman in a case highlighting the liabilities British banks face when handling gambling transactions. The complainant in a recent Financial Ombudsman Service (FOS) case, known only as Mr R, had made £25,000 from a house sale. He subsequentl…
Original report
SBC News
Summary is editorial. Full reporting, images and rights belong to the source.
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