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Weekly Roundup: Official Says More Bank Settlements on the Way, New York Agency Sets Date for Bitcoin Hearing, and More
printLess than a week after JPMorgan Chase & Co.'s record $2 billion deferred prosecution agreement for Bank Secrecy Act violations More, the acting assistant attorney general heading the U.S. Justice Department's Criminal Division told The Wall Street Journal that there are more anti-money laundering (AML) settlements to come because "banks still haven't gotten the message." More Officials in Office of the Comptroller of the Currency told Justice Department officials in recent weeks that they could not guarantee that they wouldn't launch proceedings to revoke JPMorgan's charter if the prosecutors criminally charged the bank, CNN reported. Some in the Justice Department...
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