Report
Amex fined $350 million for failing to flag suspected money laundering
The Financial Times reports a US regulator found “systemic” failures that left $13 billion in suspicious transactions unreported.
TLDR
The Financial Times reports Amex was fined $350 million for failing to flag suspected money laundering. A US regulator found “systemic” failures that left $13 billion in suspicious transactions unreported, the paper says.
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