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US regulators warn bankers about intensified focus on financial crime

U.S. regulators are intensifying measures against money laundering, emphasizing compliance, as evidenced by actions against TD Bank and scrutiny of other major lenders.

• TD

TD Bank says 2025 will be a transition year after $3 billion US penalty

TD Bank restructures for 2025 after pleading guilty to U.S. anti-money laundering violations and agreeing to $3 billion in penalties amid regulatory scrutiny.

• TD

US officials on TD Bank as 'easy target' for money laundering

TD Bank pled guilty to significant Bank Secrecy Act violations, incurring a $1.8 billion penalty for facilitating money laundering and lacking a robust compliance program.

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Canada stocks higher at close of trade; S&P/TSX Composite up 0.32%

• TD

Factbox-US regulators impose penalties to resolve money laundering probes

TD Bank settles with U.S. authorities for $3 billion over money laundering lapses, highlighting ongoing challenges in the financial industry regarding compliance with anti-money laundering regulations.

• TD

Toronto Dominion Bank stock sinks on report of massive U.S. fine

TD Bank's stock plummeted 5% after a $3 billion settlement related to anti-money-laundering failures, prompting regulatory scrutiny and operational restructuring amid penalties and restrictions.

• TD

Canada's TD Bank to plead guilty to US charges it failed to properly monitor money laundering, sources say

TD Bank agrees to pay $3 billion in penalties for failing to prevent money laundering, plead guilty, and accept an asset cap impacting growth and operations.

• TD

TD Bank faces $3 billion in penalties and growth restrictions in US settlement, WSJ reports

TD Bank will pay $3 billion in penalties and accept growth limits after failing to monitor drug cartel money laundering.

• TD

Canada's TD Bank to pay over $20 million to resolve 'spoofing' case

Toronto Dominion Bank will pay over $20 million to resolve a fraud investigation involving a former employee's manipulation of the U.S. Treasuries market.

• TD

TD Bank nears possible guilty plea in money laundering probe, WSJ reports

TD Bank is negotiating a guilty plea for money laundering related to Chinese crime groups and fentanyl sales, with over $3 billion allocated for investigations.