
Another Anti-Money Laundering Fine: Time to Rethink the Process
By Farnaz Erfan
We continue to see vivid examples that demonstrate the importance of complying with anti-money laundering (AML) regulations – and the severe consequences that can transpire for failing to do so.
In unfortunate news, the seventh-largest bank in the United States was recently charged by federal authorities for neglecting AML rules. Federal prosecutors reached an agreement with the bank... Read More