Bunq bank hit with 2.6M fine for insufficient money laundering monitoring
Bunq failed to report all suspicious transactions and maintained ineffective anti-money-laundering controls, prompting a DNB fine amid wider Dutch banking shortcomings.
Fidelity National Financial sues over real estate reporting rules
FNF's lawsuit challenges new AML regulations for real estate, arguing they are overly burdensome and infringe on privacy rights without aiding in money laundering detection.
United States pressures Mexican banks to curb cartel money laundering
Emilio Romano, the new president of the Mexican Banking Association (ABM), stated after the meeting that Mexican banks are ready to cooperate with the White House.