All bank of china articles

  • Sudan money

    OFAC fines Bank of China $2.3M for Sudan sanctions violations


    The Office of Foreign Assets Control announced Bank of China’s U.K. arm agreed to pay $2.3 million to settle its potential civil liability for processing transactions in apparent violation of now-repealed Sudan sanctions regulations.

  • Blog

    Podcast: AML Compliance in the Netherlands


    Image: In this week’s podcast, Leon Blonk, regional compliance officer at the Bank of China, discussed the current state of anti-money laundering compliance in the Netherlands and what companies should consider when conducting business in this part of Europe. According to Transparency International, the Netherlands ranked eighth in its latest ...