New York financial regulators fine UAE’s largest bank over lax money laundering safeguards

October 11, 2018

New York financial regulators fine UAE's largest bank over lax money laundering safeguards 2

New York state financial regulators on Wednesday fined the Dubai-based Mashreq bank $40 million, saying it cleared millions of high-risk transactions with scant safeguards against money laundering and terrorism finance. […]

Click here to view original web page at www.yahoo.com

Tags
financial crime

MUST READ

- Affiliate Products -

This Week

Enable Notifications OK No thanks

New York financial regulators fine UAE’s largest bank over lax money laundering safeguards

MUST READ

European Central Bank’s President claims bitcoin enables money laundering

UK public warned about crypto investment risks

U.S. sanctions Ukraine officials over interference in 2020 election

US prosecutors accused Honduran president of collecting bribes from drug traffickers

Boeing fined $2.5bn for fraud linked to 737 Max crashes

- Affiliate Products -

This Week

US prosecutors accused Honduran president of collecting bribes from drug traffickers

Mexico drop corruption charges against ex-defence minister arrested in the US

Broward Health former executive faces $600,000 in kickbacks allegation

Fort Walton Beach ex-finance director charged for fraud, money laundering

European Central Bank’s President claims bitcoin enables money laundering

Romanian President approves bribery probe against former PM Tariceanu

Former state District Judge Rudy Delgado loses appeal case in bribery conviction

UK public warned about crypto investment risks

Romania prosecutors probe ex-minister Costel Alexe over bribery and embezzlement allegations

About

Topics

Resources

Follow FCCED

New York financial regulators fine UAE’s largest bank over lax money laundering safeguards

NEWSLETTER

MUST READ

- Affiliate Products -

This Week

About

Topics

Resources

Follow FCCED