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Tag: AML shortcomings


Regulations

USAA to pay $140M in penalties over AML shortcomings

March 18, 2022

Via: Banking Dive

Thursday’s penalties break down to $80 million from FinCEN and $60 million from the OCC — each of which filed consent orders against USAA. The OCC ordered the bank to appoint a compliance committee within 15 days and to develop […]