31st March 2017
Federal agents are conducting a probe into possible money laundering at online lender Bank of Internet, The Post has learned. The Justice Department, which is leading the investigation, has interviewed at least one former employee of the San Diego-based bank, sources said.  … Read More
30th March 2017
Gov. Pete Ricketts has signed into law an overhaul of state banking regulations. Ricketts, during a signing ceremony, said the comprehensive legislation updates state regulation of the banking industry. Read More
29th March 2017
Republican members of the House Financial Services Committee continued to lay the foundation for a regulatory relief bill for community banks Read More
28th March 2017
Jared Kushner, US president Donald Trump’s son-in-law, is to be the latest White House official grilled over the Trump campaign’s ties to Russia, the New York Times reports (paywall). Read More
24th March 2017
Agricultural Bank of China (AgBank), the country's third-biggest lender, said it will spend three years building an anti-money laundering (AML) centre to improve and centralize AML control, according to a statement circulated late on Thursday. Read More
24th March 2017
Barclays faces renewed scrutiny of its emergency fundraising during the financial crisis after the City regulator reopened its investigation into the bank’s cash call with Qatar. Read More
24th March 2017
Detecting financial crime activity is no longer a payments problem siloed by job title and sloughed off to payments professionals — it is an organizational effort. Read More
23rd March 2017
As part of the EU, the UK has to adhere to the Anti-Money Laundering Directive which is looking at transparency of trusts – but not for much longer. Read More
23rd March 2017
Three units of London-based Barclays Plc have been penalized by Australia’s securities regulator for failing to tell clients they didn’t hold local financial services licenses and instead were regulated overseas. Read More
23rd March 2017
Ukraine's central bank said sanctions against subsidiaries of Russian banks will take effect from Thursday, and will include prohibitions on financial operations that benefit the banks' parent structures. Read More