TD Money-Laundering Fines May Reach $4 Billion, Jefferies Says
WEB2 days ago · Christine Dobby. Fines against Toronto-Dominion Bank tied to US money-laundering probes may total as much as $4 billion following fresh allegations involving the lender, according to Jefferies Financial Group Inc. analysts — double previous estimates of the potential impact on Canada’s second-largest lender. A now-departed Toronto …
Biden-Harris Administration Announces Final Rule Requiring …
WEBApr 24, 2024 · “Passengers deserve to get their money back when an airline owes them - without headaches or haggling,” said U.S. Transportation Secretary Pete Buttigieg. “Our new rule sets a new standard to require airlines to …
Biden Signs Fiscal Responsibility Act, Ending Debt-Limit Crisis
WEBJune 3, 2023. President Biden signed the Fiscal Responsibility Act of 2023 into law on Saturday, ending for now the threat of economic calamity from a default on the nation’s debt and putting...
Treasury proposes rule to extend anti-money laundering regs to
WEBFeb 13, 2024 · The Treasury Department’s corruption watchdog on Tuesday issued new proposed regulations that would extend major pieces of the anti-money laundering (AML) rules that apply to banks to some...
Airlines must cough up cancellation cash and can no longer ... - NBC News
WEBApr 24, 2024 · Phil Helsel. A federal rule announced Wednesday will require airlines to quickly give cash refunds — without lengthy arguments — to passengers whose flights have been canceled or seriously delayed,...
Why Megadonors Are Unfazed by Donald Trump’s Guilty Verdict
WEBMay 31, 2024 · Republican mega donors are energized. “This verdict will have less than zero impact on my support,” Omeed Malik, the president of 1789 Capital and a co-host of a Trump fund-raiser last night ...
Donald Trump is found guilty in hush money case : NPR
WEBMay 30, 2024 · The hush money case likely is the only one of Trump’s four ongoing criminal cases that will be heard ahead of Election Day in November, since federal trials in Washington, D.C., and Florida, as ...
Model Money Transmission Modernization Act: 12 States Take …
WEBSep 12, 2023 · In the states that have enacted legislation based on the Model Act, the new laws are starting to take effect. The Georgia, Hawaii, Iowa, Nevada and South Dakota laws became effective on July 1, 2023, Minnesota’s law became effective on August 1, 2023, and Texas’s law took effect on September 1, 2023. Legislation from the remaining states ...
Small Businesses Should Prepare Now for Anti-Money Laundering Law
WEBAlmost all small businesses—including corporations, partnerships, and limited liability companies—will be impacted by the Corporate Transparency Act on Jan. 1, 2024. The process will require disclosure of certain information to the Department of Treasury’s Financial Crimes Enforcement Network.
Whitehouse, Grassley, Colleagues Introduce Bipartisan Bill to
WEBFeb 17, 2022 · Their bipartisan legislation modernizes and strengthens criminal money laundering statutes by giving federal law enforcement the tools it needs to keep pace with emerging techniques that criminals use to conceal and transport dirty money.