The Financial Crimes Enforcement Network (FinCEN) recently imposed a $450,000 civil money penalty on a former compliance / chief operational risk officer at U.S. Bank for anti-money laundering deficiencies at the Bank, once again underscoring regulators’ willingness to hold accountable the individuals “who willfully participate” in the institution’s violations of anti-money laundering requirements.

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Julie Copeland

Julie Copeland, a Partner with StoneTurn, brings over 20 years of experience advising the world’s largest financial institutions on anti-money laundering (AML) controls; issues related to economic sanctions, anti-bribery and […]

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