TOP STORY

Apr

26

Britain Adopts New Sanctions Against Corruption

U.K. Foreign Secretary Dominic Raab speaks to reporters in London on Monday, July 1, 2020. Raab said Monday, April 26, 2021, that a recently enacted sanctions program will help Britain combat “serious corruption.” (Alamy)

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Legs & Regs

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Enforcement Actions

The Disciplinary Committee at Nasdaq Stockholm ordered the Stockholm, Sweden-based bank to pay a fine of SEK 46.6 million, which is equivalent to twelve annual fees, for anti-money laundering shortcomings from December 2016 through February 2019.
The Reserve Bank of India issued a monetary penalty of 25.5 lakh rupees on the Jaipur, India-based financial institution for failure to comply with know-your-customer and deposit taking instructions.