AML weekly update over the week 18 - 24 Aug 2014

Myanmar forms anti-money laundering central board

Aug 20, 2014 08:59 pm | Posted in: AML News

 

Myanmar government has formed an anti-money laundering central board in a bid to effectively combat money laundering, according to the Ministry of read more

 

       

 

 

FINRA Charges Wedbush Securities for Systemic Market Access Violations, Anti-Money Laundering and Supervisory Deficiencies

Aug 20, 2014 08:57 pm | Posted in: AML News

 

The Financial Industry Regulatory Authority (FINRA) announced today that it has filed a complaint against Los Angeles-based Wedbush Securities Inc. for systemic read more

 

       

 

 

Deputy To Liberty Reserve Founder Pleads Guilty To Money Laundering In Manhattan Federal Court

Aug 20, 2014 08:23 pm | Posted in: AML News

 

Preet Bharara, the United States Attorney for the Southern District of New York, and Leslie R. Caldwell, Assistant Attorney General for the read more

 

       

 

 

PwC fined $25 million for misconduct during work at Bank of Tokyo Mitsubishi

Aug 20, 2014 10:54 am | Posted in: Sanctions and Fines

 

A more than year-long DFS investigation uncovered that PwC – under pressure from BTMU executives – improperly altered an “historical transaction review” read more

 

       

 

 

Standard Chartered to pay $300m penalty to NY regulator

Aug 20, 2014 08:52 am | Posted in: Sanctions and Fines

 

Benjamin M. Lawsky, Superintendent of Financial Services, announced an order today regarding Standard Chartered Bank’s (“SCB”) failures to remediate anti-money laundering compliance read more