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The U.S. Treasury Department's Financial Crimes Enforcement Network, or FinCEN, designated Huione Group as a "foreign financial institution of primary money laundering concern," effectively cutting the Cambodian conglomerate off from the U.S. financial system, ACAMS moneylaundering.com reported. More Banks and other financial institutions in Switzerland filed a record 15,000 suspicious activity reports in 2024, a nearly 30 percent increase year-on-year that stretches the resources of the country's financial intelligence unit, moneylaundering.com reported. More Three senior compliance officers at TD Bank resigned as part of a shakeup under new compliance chief Jacqueline Sanjuas following last year's $3.1 billion settlement with U.S. authorities over serious...