The Money Laundering Files: Commerzbank Makes the List

VinciWorks

In this episode, Nick and Naomi are back to talk about yet another big money laundering case involving a bank. This time they look at how banks can mess up their anti-money laundering systems - and get fined, royally. Specifically, Commerzbank’s London Branch being hit with a whopping £38m fine by the FCA for not having good AML controls.

Resources:

• Try our AML compliance training: https://vinciworks.com/courses/aml/
• Download free AML resources: https://vinciworks.com/resources/aml/
• Learn more about our AML onboarding solution: https://vinciworks.com/products/omnitrack/aml-onboarding/