News

The U.S. Securities and Exchange Commission has found that broker-dealers continue to engage in gross violations of anti-money laundering rules, ACAMS moneylaundering.com reported. More Las Vegas Sands is reviewing the AML controls of its Singaporean subsidiary following claims that employees handled illicit funds, patrons placed bets without undergoing due diligence and managers retaliated against whistleblowers, Bloomberg reported. More New York's Department of Financial Services disclosed plans to set up a framework for regulating the cultivation and sale of marijuana after state lawmakers legalized medicinal and recreational use of the substance. More Global auditing and consulting firm EY has agreed to...