Swiss private bank installs Bitcoin ATM, U.S. lawmakers propose new sanctions against foreign banks tied to North Korea, and more, in this week's roundup.
Deutsche Bank close to settling Federal Reserve investigation, Justice Department houses federal attorney with U.K. Financial Conduct Authority, and more, in this week's roundup.
Credit Suisse reportedly investigating mirror-trade scheme involving Russian subsidiary, China threatens to close Bitcoin exchanges caught violating anti-money laundering regulations, and more, in this week's roundup.
President-elect Donald Trump's advisors are considering options for expanding sanctions against Iran, the European Council proposed designating the sale of high-value cultural items pillaged from conflict zones in Syria as terrorist financing, and more, in this week's roundup.
Deutsche Bank has enacted a hiring freeze amid a series of expensive legal and regulatory settlements, U.S. officials are preparing a new round of sanctions against Russia, and more, in this week's roundup.
French lawmakers are set to vote on legislation that would establish a new anti-graft agency, the Federal Reserve entered into a written agreement with Liberty Bank, and more, in this week's roundup.
HSBC said it has failed to create an effective U.S. risk management program as required in a 2010 action, New York Governor Mario Cuomo approved a new law classifying certain fantasy sports as games of skill, and more, in this week's roundup.
U.S. prosecutors are investigating employees of Mossack Fonseca, while separately alleging that a painting by Claude Monet was used to launder money in connection with embezzlement from 1MDB, and more, in the weekly roundup.
JPMorgan Chase will pay $200 million to settle alleged FCPA violations, President Barack Obama plans to push for stronger global measures against tax evasion, and more, in this week's roundup.
FATF removed Morocco and Nigeria from its list of jurisdictions that require ongoing monitoring, the OCC entered into a consent order with 1st Century Bank for AML violations, and more, in this week's roundup.
JPMorgan Chase launches AML SWAT team as the bank's legal costs mount, Turkey blacklists over 350 entities in an effort to comply with United Nations sanctions, and more, in this week's news roundup.
A Texas woman pleaded guilty to laundering $37,200 in connection with a healthcare fraud scheme, banks in Guyana are finding it nearly "impossible to do business overseas" due to the country's lack of adequate AML controls, and more, in this week's roundup.