Deferred prosecution agreements (DPAs), whereby a prosecution for corporate crime is suspended in return for a promise of good behaviour, a possible fine and other conditions, appear likely to be introduced next year in the...more
Financial businesses operating in the European Union will need to consider implementing stricter anti-money-laundering and anti-terrorism-financing controls or face a potential fine of up to 10 percent of their annual...more
2/13/2013
/ Anti-Money Laundering ,
Anti-Terrorism Financing ,
Banks ,
Cross-Border ,
Due Diligence ,
EU ,
European Commission ,
Financial Action Task Force ,
Financial Institutions ,
Fines ,
Foreign Banks ,
Money Laundering ,
PEP