Britain's Financial Conduct Authority (FCA) fined a bank owned by the Bangladesh government 3.25 million pounds for failures in anti-money laundering controls, the FCA said today.

Sonali Bank (UK), 51 percent owned by the Bangladesh government, had "serious and systemic weaknesses" at almost all levels of its anti-money laundering control structure, the FCA said.

Regulators worldwide have in recent years been stepping up efforts to enforce better money-laundering controls on banks, following a series of high-profile failings at major lenders.