By Joe Mont2015-08-03T13:00:00
New York’s Department of Financial Services Department will deny Promontory Financial Group access to confidential supervisory bank information, a move that prevents it from engaging in regulatory work with financial institutions the state regulator oversees. The action follows a report critical of work the consultant did for British bank ...
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2016-01-05T11:30:00Z By Joe Mont
Image: Officials in New York have proposed a slate of new anti-money laundering regulations for financial institutions that fall under that state’s regulatory regime and supervision. It would require CCOs to submit annual certifications, with the threat of criminal liability for false or misleading statements, on the effectiveness of their ...
2026-03-20T18:24:00Z By Adrianne Appel
Bank of America has agreed to settle a class-action lawsuit alleging know-your-customer and other failings in its dealings with convicted sex offender Jeffrey Epstein.
2026-03-18T22:59:00Z By Ruth Prickett
As the U.S. relaxes some Russian sanctions to ease oil flows, the U.K. government has published a new Strategic Approach to Sanctions Enforcement, indicating that it does not intend to relax its focus on prosecuting sanctions breaches.
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