TD Bank Taps Former US Treasury GC as Legal Chief After $3B Money-Laundering Scandal

He joins alongside incoming U.S. Chief Financial Officer Andre Ramos, a longtime JPMorgan Chase executive, as part of what ...

Regulators Seek Rule Ending Reputation Risk Scrutiny, Even for Banks Tied to Money Laundering

Legal experts say money laundering and other financial crimes under the federal Bank Secrecy Act have not been used as a ...
New York Post

Ex-bank CEO tipped off client on money-laundering probe, talked sensitive info — as underling sat on his lap during video call: suit

The former CEO of Flagstar bank allegedly tipped off a client to a money-laundering probe and discussed sensitive company information — as an underling sat on his lap and rubbed his head during a ...
Moneylife

Coal Block Allocation Letter Constitutes Property Under PMLA: Delhi High Court

The Delhi High Court on Friday held that a coal block allocation letter constitutes “property” within the meaning of the ...
Compliance Week

EU targets crypto, fintech firms in push to tackle money laundering

Europe’s main banking regulator fears that money laundering and terrorist financing risks may be going unchecked because of weak controls and compliance among fintech, regtech, and crypto firms. The ...
The Florida Times-Union

Entrepreneur pleads to laundering feds' 'drug money' through dormant Jacksonville businesses

Jacksonville businessman, Mauricio Chahine, pleaded guilty to money laundering charges. Chahine laundered money through his businesses, including a planned restaurant and a former grocery store. He ...