All Bancredito International Bank and Trust Corporation articles

  • Dark money

    FinCEN head touts compliance through enforcement approach


    Andrea Gacki, head of the Financial Crimes Enforcement Network, said recent enforcement actions by the agency have addressed significant gaps in the U.S. anti-money laundering/countering the financing of terrorism regime and exposed specific risk factors, trends, and typologies.

  • Puerto Rico banking
    News Brief

    FinCEN fines P.R.-based Bancredito $15M in landmark AML action


    Puerto Rico-based Bancrédito International Bank and Trust Corporation was assessed a $15 million penalty by the Financial Crimes Enforcement Network for admitted violations of the Bank Secrecy Act regarding suspicious activity monitoring and anti-money laundering compliance.