News

France's financial supervisor imposed a €3 million fine on ING after identifying numerous deficiencies in the Dutch lender's compliance program, ACAMS moneylaundering.com reported. More The head of the U.S. Treasury Department's Financial Crimes Enforcement Network said the bureau may need more funds and employees to implement sweeping reforms to the Bank Secrecy Act, The Wall Street Journal reported. More A federal official told attendees of the ACAMS online Sanctions Space Summit that an important goal of an ongoing, interagency review of U.S. sanctions is ensuring the continued flow of humanitarian goods to blacklisted jurisdictions, moneylaundering.com reported. More A U.K. official...