by Jyotsna Bucktowar | Oct 10, 2025
Between 2018 and 2021, the firm processed about $5.5 billion in wire transfers, including transactions involving high-risk jurisdictions, but failed to implement adequate policies to detect and report suspicious activity. Deficiencies included around 900 transfers...
by Jyotsna Bucktowar | Sep 16, 2025
As member firms increasingly engage with crypto assets and blockchains, the e-learning program will broaden industry knowledge and empower compliance professionals to combat crypto-related fraud. The program features application-based activities, scenarios, and...
by Jyotsna Bucktowar | Mar 7, 2025
Key violations include mishandling market orders by improperly converting them to limit orders, failing to implement robust AML programs that resulted in the inability to detect suspicious activities (including manipulative trading, suspicious money movements and...
by AdrianaAMLP | Jan 28, 2025
Highlights key compliance risks and regulatory updates for member firms, including emerging risks like third-party cybersecurity threats, AI implementation, and extended hours trading.
by Jyotsna Bucktowar | Jul 11, 2023
Merrill Lynch failed to apply the correct threshold to report suspicious activities for more than 10 years and, as a result, failed to file nearly 1,500 Suspicious Activity Reports (SARs).
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