American Express has been ordered to pay a $350m penalty by US regulators after its AML safeguards allowed roughly $13bn in suspected illicit activity to go insufficiently monitored and reported for ...

The bureau also issued a cease-and-desist order, citing deficiencies in the bank’s BSA and AML compliance programme.

The Securities and Exchange Commission (SEC) will lead the regulation of virtual assets and the businesses that trade and hold them. ..

American Express hit with a $350m penalty over AML failures highlights significant compliance weaknesses in its operations.

Alliance Finance PLC organised a day-long training programme on anti-money laundering and combating the financing of terrorism to strengthen employees' awareness of regulatory compliance, financial ...

United States bank regulators fined American Express $350 million after they determined the lender’s programs to identify ...

The Federal Reserve Board on Thursday, October 8, 2026, announced an enforcement action against American Express Company to ...

The OCC and Federal Reserve fined American Express $350 million over anti-money laundering compliance failures, saying the ...

The U.S. Office of the Comptroller of the Currency (OCC) ordered the penalty and announced a cease-and-desist order against ...

American Express hit with $350 million fine over anti-money laundering failures as US regulators identify compliance weaknesses.

American Express (NYSE:AXP) shares declined nearly 2% in after-hours trading on Thursday after the Office of the Comptroller of the Currency (OCC) imposed a $350 million penalty over deficiencies in ...

The Office of the Comptroller of the Currency issued a cease-and-desist order and assessed a $350 million civil penalty against American Express National Bank after finding deficiencies in its Bank ...