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Weekly Roundup: Danske Bank Expects $2.1 Billion in AML Penalties, Treasury Blacklists Iranian Nonprofit, and More

Danish lender Danske Bank disclosed it anticipates having to pay U.S. and Danish authorities a combined $2.1 billion in penalties to settle claims its now-shuttered Estonian affiliate helped criminals launder billions of dollars, ACAMS moneylaundering.com reported. More The U.S. Treasury Department sanctioned Iran's 15 Khordad Foundation, a non-profit backed by Tehran's Supreme Leader Ali Khamenei that is offering more than $3 million for the killing of British-American author Salman Rushdie, Reuters reported. More A compliance executive who sued JPMorgan Chase for allegedly firing her for blowing the whistle on deficiencies in the bank's AML compliance program agreed to settle her...

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