Press Release March 09, 2023 Federal Reserve Board announces termination of enforcement action with Atlantic Community Bankers Bank For release at 11:30 a.m. EST The Federal Reserve Board on Thursday announced the termination of the enforcement action listed below: Atlantic Community Bankers Bank, Camp Hill, PennsylvaniaWritten Agreement dated September 28, […]
U.S. Department of State Concludes $20,000,000 Settlement of Alleged Export Violations by 3D Systems Corporation MEDIA NOTE OFFICE OF THE SPOKESPERSON FEBRUARY 27, 2023 The U.S. Department of State has concluded an administrative settlement with 3D Systems Corporation (3D) of Rock Hill, South Carolina, to resolve alleged violations of the […]
Press Release January 4, 2023 Superintendent Adrienne A. Harris Announces $100 Million Settlement with Coinbase, Inc. after DFS Investigation Finds Significant Failings in the Company’s Compliance Program DFS Investigation Found Wide-Ranging and Long-Standing Failures in Coinbase, Inc.’s Anti-Money Laundering Program, Including with Regard to its Know Your Customer/Customer Due Diligence, […]
September 2, 2022 Financial Services Agency Administrative Action against REVOLUT TECHNOLOGIES JAPAN, Inc. The Kanto Local Finance Bureau today issued a business improvement order as follows to REVOLUT TECHNOLOGIES JAPAN, Inc. (headquarters: Minato Ward, Tokyo; corporate number: 8010001188396; hereinafter the “Company”) pursuant to the provisions of Article 55 of the Payment […]
DFS SUPERINTENDENT HARRIS ANNOUNCES $30 MILLION PENALTY ON ROBINHOOD CRYPTO FOR SIGNIFICANT ANTI-MONEY LAUNDERING, CYBERSECURITY & CONSUMER PROTECTION VIOLATIONS DFS Investigation Finds Robinhood Crypto Failed to Maintain Effective and Compliant BSA/AML and Cybersecurity Programs, Violated Critical Consumer and Reporting Requirements, and Improperly Certified Compliance Superintendent of Financial Services Adrienne A. Harris announced today that Robinhood Crypto, […]
FinCEN Assesses $275,000 Civil Money Penalty against A&S World Trading for Violating Geographic Targeting Order Immediate Release April 01, 2022 WASHINGTON—The Financial Crimes Enforcement Network on March 31 assessed a $275,000 civil money penalty on A&S World Trading, Inc., d/b/a Fine Fragrance (A&S) for willful violations of the Bank Secrecy Act […]
FinCEN Announces $8 Million Civil Money Penalty against CommunityBank of Texas, National Association for Violations of the Bank Secrecy Act ContactOffice of Strategic Communications, press@fincen.govImmediate ReleaseDecember 16, 2021 WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) today announced that it has assessed an $8 million civil money penalty on CommunityBank of Texas, N.A. (CBOT) […]
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