Midweek Roundup: Hong Kong Weighs in on Standard Chartered Penalty, U.K. Banks Add AML Pros, and More

A Northern Mariana Islands hotel employee was permanently banned from working in financial services and agreed to pay a $5,000 fine to the Financial Crimes Enforcement Network (FinCEN). George Que, a VIP services manager at the Tinian Dynasty Hotel & Casino, helped high-end gamblers evade currency reporting requirements and agreed not to file suspicious activity reports, according to a FinCEN action released Wednesday. More In response to New York's decision to limit Standard Chartered Bank's U.S.-dollar clearing services for high-risk clients in Hong Kong, the special administrative region's de facto central bank defended its anti-money laundering rules and said it...