As widely reported, the Spanish police raided last year the Madrid offices of the Chinese state-run Industrial and Commercial Bank of China (“ICBC”), the world’s biggest bank by assets. In the nearly 18 months following that...more
8/7/2017
/ Banking Sector ,
BSA/AML ,
China ,
Corruption ,
Criminal Investigations ,
Enforcement Actions ,
FinCEN ,
Money Laundering ,
Money Transfer ,
Patriot Act ,
Popular ,
Spain ,
SWIFT ,
White Collar Crimes
A recent decision by the Federal Trade Commission (FTC) Chief Administrative Law Judge (ALJ) dismissed the FTC’s complaint against LabMD, Inc. (LabMD) asserting the company’s alleged failure to protect consumer data in two...more