Puerto Rico’s Bancrédito International Bank and Trust Corp. hit with $15 million BSA fine
Reported by Jordan Stutts A Puerto Rico bank seized earlier this year by regulators will pay a $15 million fine in the first enforcement action under a two-year-old federal rule aimed at closing gaps in anti-money-laundering enforcement. Bancrédito International Bank and Trust Corp. — which was placed in receivership this year by banking regulators in […]