All Mashreqbank articles

  • Sudan money
    Article

    Ignoring compliance, Mashreqbank fined $100M for Sudan sanctions violations

    2021-11-10T18:02:00Z

    The New York State Department of Financial Services fined United Arab Emirates-based Mashreqbank $100 million for violating now-repealed Sudanese sanctions regulations and for having in place an inadequate compliance program.

  • Blog post

    Mashreq responds to NYDFS consent order

    2018-10-18T10:00:00Z

    Mashreqbank has issued a statement in response to its consent order reached with the New York State Department of Financial Services on Oct 18 for violations of U.S. Bank Secrecy Act and Anti-Money Laundering laws in the New York branch’s U.S. dollar clearing operations.