Sunday, 24 October 2021

Tag Archives: illicit-money-transfers

Habib Bank to pay $225 million New York fine for compliance failures

WASHINGTON: The New York State Department of Financial Services said Pakistan’s Habib Bank had agreed to pay $225 million to settle an enforcement action brought against it for infringing laws designed to combat illicit money transfers. The DFS said in a legal filing last month it was seeking to fine ...

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