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Opinion

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Did Capital One get off easy with $390M AML fine?

By Compliance Week2021-01-21T19:22:00+00:00

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Kyle Brasseur explains how Capital One’s $390 million civil penalty for anti-money laundering failures could have been much steeper had it not been for the bank’s significant remediation efforts.

For more Nailed It or Failed It, click here.

Topics

  • AML
  • Anti-Corruption
  • anti-money laundering
  • Bank Secrecy Act
  • Capital One
  • Financial Crimes Enforcement Network
  • Financial Services
  • FinCEN
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