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FinCEN fines Capital One $US 390m over AML violations

FinCEN fines Capital One $US 390m over AML violations
Published on: 18 January 2021
Published by: Law360
  • FinCEN fines Capital One $US 390m over AML violations

Article summary

Law360: The Financial Crimes Enforcement Network (FinCEN) hit Capital One with a $US 390m fine on 15 January 2021 evening over admitted shortcomings in its anti-money laundering (AML) programme from 2008–2014 that the agency said allowed millions of dollars in suspicious transactions to go unreported. or take a trial to read the full analysis.

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