Weekly Roundup: Nordea Bank Faces AML Charges, Russian Central Bank Promotes Sanctions Evasion, and More

Nordea Bank has been charged in Denmark with handling billions of dollars' worth of transactions for Russian customers from 2012 to 2015 without adequately screening them for anti-money laundering purposes, Bloomberg and Reuters reported. More and More Russian central bank chief Elvira Nabiullina encouraged companies to bypass Western sanctions by paying their foreign suppliers in cryptocurrencies, Reuters reported. More The global count of Bitcoin ATMs decreased by 334 over the past 40 days amid heightened AML regulatory scrutiny in the U.S. and EU, Cointelegraph reported. More Authorities in Hong Kong fined DBS Bank $1.3 million for failing to screen high-risk...