Last week, the Securities and Exchange Commission (SEC) announced two enforcement actions related to the failed ...

Block, Inc. faces a joint crackdown by the DCCA and 47 states for BSA/AML violations, incurring an $80 million penalty and ...

The world's largest crypto exchange by trading volume is facing a new investigation into what the company calls "old" ...

Greg Baer, head of the Bank Policy Institute, echoed the president's assertion that unchecked supervisors are urging banks to ...

BitMEX has been fined $100 million for failing anti-money laundering laws and KYC procedures, with founders pleading guilty ...

The Connecticut lender is taking remedial steps after the OCC found “unsafe or unsound practices” and violations related to ...

The investigation is focused on alleged offenses committed in both France and the broader European Union from 2019 to 2024.

A New Mexico agency joined a slew of other state financial regulatory entities in taking action recently against a firm accused of violations of the Bank Secrecy Act and anti-money ...

On Nov. 19, 2024, the Federal Deposit Insurance Corp. issued a notice of assessment finding that between December 2018 and August 2020, CBW Bank — ...

On January 27, 2025, cryptocurrency exchange KuCoin admitted guilt to charges of operating an unlicensed money-transmitting ...

Herb Mazariegos is stepping down and Jacqueline Sanjuas will take over TD’s top global anti-money laundering role, months after the bank pleaded guilty to conspiracy to commit money laundering in the ...