TD Bank and US Regulators Announce Measures to Resolve Bank's AML Failures
Dominion Bank(TD) PYMNTS.com·2024-10-11 05:14
TD Bank Group said Thursday (Oct. 10) that it takes full responsibility for the failures of its U.S. Bank Secrecy Act (BSA) and anti-money laundering (AML) compliance programs and will continue its work to remediate them. The bank said this on the day it and several U.S. regulators and authorities announced that TD Bank Group and some of its U.S. subsidiaries consented to orders and entered into plea agreements related to previously disclosed investigations of its BSA and AML programs. "Money laundering is ...