Nigel Farage’s bank account with Coutts was closed earlier this year. Here is the bank’s dossier, obtained by Farage using a subject access request, that reveals why:
Item 1: Personal data extracted from minutes from Wealth Reputational Risk Committee on 17th November 2022
Content
• Seeking approval to continue the relationship with Nigel Farage (NF) subject to annual reviews.
• Referred to NF’s controversial profile in public life and politics, reflected in the adverse press outlined in the paper presented.
• Despite the adverse press, from a legal perspective NF has not been formally charged of any wrongdoing, and is not subject to any regulatory censure.
• NF is already a Coutts customer which he had made public knowledge.
• Recommendation is to retain NF for now. However, it was noted that NF currently has a mortgage with Coutts, which is due to expire in July 2023 and which, on a commercial basis, we would not look to renew and so would suggest winding down the connection on that basis.
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