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NatWest faces hundred of millions of dollars in penalties after becoming the first U.K. lender to admit to criminal violations of anti-money laundering rules, ACAMS moneylaundering.com reported. More U.K. financial institutions closed the accounts of a record 761,000 clients in the fiscal year that ended in April 2020, more than double their total from the previous 12 months, the Financial Times reported. More Compliance officers comprised nearly 13 percent of all new hires by U.K. lenders in July and August, City A.M. reported, citing independent research. More A bipartisan group of U.S. lawmakers proposed to extend AML obligations to lawyers,...