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The U.K. Office of Financial Sanctions Implementation fined Standard Chartered a record £20 million for breaching EU sanctions against Russia, ACAMS moneylaundering.com reported. More U.K. banks have been authorized to collect selfies from their clients and scanned and emailed copies of required identification to meet their customer due-diligence obligations amid the COVID-19 pandemic, Reuters reported, citing the Financial Conduct Authority. More The Financial Action Task Force encouraged financial institutions to utilize the latest technology to meet client onboarding and other customer due diligence needs while social distancing measures remain in effect. More FATF upgraded its previously low assessment of U.S....