U.K. prosecutors involved in U.S. investigation of Societe Generale's alleged bribery scheme in Libya, Europol chief said banks largely avoided global "ransomware" attack, and more, in the midweek roundup.
Bitcoin exchanges struggling to clear U.S. dollars, EU officials make continued U.K. access to the single market access contingent on continued EU regulation, and more, in the midweek roundup.
Trump close to nominating new Federal Reserve chairman, U.S. prosecutors tie British financial institution to Magnitsky funds, and more, in the midweek roundup.
Denmark's Danske Bank and Sweden's Nordea are cooperating with investigators probing a massive money laundering scheme, Ukrainian officials plan to blacklist foreign politicians who visited Crimea following its seizure by Russia, and more, in the midweek roundup.
Independent monitoring of Standard Chartered Bank's AML compliance efforts set to be extended, Canadian lender fined last year for AML lapses identified, and more, in the midweek roundup.
U.S. and U.K. banks consider quantifying regulatory risk posed by President Donald Trump, nonprofit accuses banking regulators of opacity, and more, in the midweek roundup.
Deutsche Bank accused of orchestrating $21 million Israeli tax-evasion scheme, Indian investigators screen 11 million bank accounts for signs of money laundering, and more, in the midweek roundup.
A former supervisor of Deutsche Bank's now-defunct trading unit in Moscow "appears" to have accepted bribes to help launder billions of dollars for Russian clients through the lender's branches in London and New York, the state's financial regulator said Monday.
New Zealand publish plans to extend AML/CTF obligations to lawyers and accountants, European leaders support extension of sanctions against Russia, and more, in the midweek roundup.
Several London-based banks are considering establishing back offices within other European countries to maintain access to the EU market should the United Kingdom's plan to leave the economic bloc go forward.
U.S. financial institutions are reevaluating their cybersecurity controls in light of increasingly complex online attacks aimed at stealing client funds and data, according to experts.