Midweek Roundup: German Regulator Probes Alleged Deutsche Bank AML Violations, Mexican Kingpin Gets 15 Years, and More

Germany's BaFin is investigating whether Deutsche Bank needs to improve its anti-money laundering (AML) controls, Reuters reported Saturday, citing Welt am Sonntag. Regulatory officials believe the financial institutions may have filed suspicious transaction reports too late, a violation that could cost the bank up to 100,000 euros. More A U.K. court is expected to order the British government to pay for Iran-based Bank Mellat's legal costs after the Supreme Court sided with the blacklisted financial institution in a case disputing economic sanctions against it, the Telegraph said. Lawyers for Bank Mellat intend to sue for 500 million pounds in damages...