Saturday 20 October 2018
Contact US    |    Archive
theborneopost
8 days ago

NY fines UAE’s largest bank over lax money-laundering safeguards

NEW YORK: New York state financial regulators on Wednesday fined the Dubai-based Mashreqbank US$40 million, saying it cleared millions of high-risk transactions with scant safeguards against money laundering and terrorism finance. The bank’s New York branch kept shoddy records and had internal controls that were not sufficient to prevent violations of US sanctions, according to the [ ]

Read on the original site


هذه الصفحة هي مجرد قاریء تلقائي للأخبار باستخدام خدمة الـ RSS و بأن نشر هذه الأخبار هنا لاتعني تأییدها علی الإطلاق.

Jomo whacks them

- straitstimes

Pakistan star sparkles

- straitstimes

I won t lose control

- straitstimes

Battle lines drawn

- straitstimes

Next 48 Hours

- straitstimes
Hashtags:   

fines

 | 

UAE

 | 

largest

 | 

bank

 | 

over

 | 

lax

 | 

money

 | 

laundering

 | 

safeguards

 | 
Most Popular (6 hours)

Most Popular (24 hours)

Most Popular (a week)

Towards a sharing Singapore

- themalaymailonline