Regulators push towards higher AML fines, data shows
By Ellesheva KissinFebruary 21, 2024
Global regulators are cracking down harder on customer due diligence failings and greenwashing, according to a survey of fines from 2023.
Fines relating to how banks scrutinise their customer base soared to almost $220m worldwide, up more than 9000% from just $2.3m in the previous year, according to ...
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