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NEWS: Regulators frustrated with Citigroup progress as officials probe bank’s plans to bulk up risk management system

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NEWS: Thales, Europe’s largest defence technology company, faces bribery probe from UK’s SFO

BREAKING: UK sanctions trio of wealthy oligarchs in new campaign against dirty money

INSIGHT: Corporate secrecy ‘scourge’ in fight against fincrime, time for fully public BO registers, says Financial Times

By Elizabeth Hearst for AMLi

US Regulators are believed to be frustrated with the progress made by global banking giant, Citigroup, in the two years after it was reprimanded for below-par risk management systems. 

Officials from the Federal Reserve have reportedly questioned Citigroup’s CEO Jane Fraser, about the lender’s plans to bulk up its risk-management system, reports the Wall Street Journal. 

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NEWS: Thales, Europe’s largest defence technology company, faces bribery probe from UK’s SFO

BREAKING: UK sanctions trio of wealthy oligarchs in new campaign against dirty money

INSIGHT: Corporate secrecy ‘scourge’ in fight against fincrime, time for fully public BO registers, says Financial Times

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