Infographic showing significant AML fines between March & June 2017


Harsh penalties are being applied by regulators and prosecutors to those businesses that fail to properly risk rate their customers. In certain cases, regulators don’t even need to demonstrate that an organisation had ‘reasonable cause to suspect’ it was doing something wrong—only that its controls were insufficient to prevent criminality.

The below infographic highlights significant AML fines made between March – June 2017 totalling $560m USD.



This infographic was originally posted on KYC360 in July 2017







Share on email
Share on twitter
Share on linkedin