
FinCEN Announces $15 Million Civil Money Penalty Against Bancrédito International Bank and Trust Corporation for Violations of the Bank Secrecy Act
The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) announced a $15 million civil money penalty against Bancrédito International Bank and Trust Corporation for violations of the Bank Secrecy Act, citing failures in anti-money laundering compliance and reporting obligations.
FinCEN Announces $15 Million Civil Money Penalty Against Bancrédito International Bank and Trust Corporation for Violations of the Bank Secrecy Act
The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) announced a $15 million civil money penalty against Bancrédito International Bank and Trust Corporation for violations of the Bank Secrecy Act, citing failures in anti-money laundering compliance and reporting obligations.