Fines

Fintech Firms Under Scrutiny Over Recordkeeping Lapses

Fintech Firms Under Scrutiny Over Recordkeeping Lapses

U.S. regulatory bodies step up their enforcement actions against fintech companies for failing to comply with communication recordkeeping requirements.  The…

3 years ago

Financial Institutions Fined $2.2bn For AML Violations in 2020 But 2021 Numbers Will Be Higher

Financial institutions have strict rules and guidelines to follow. There is no room for interpretation, mainly where KYC and AML…

5 years ago