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Compliance into the Weeds

FinCEN Enforcement Action involving Capital One

20 Jan 2021

Description

Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. Today we consider the Capital One resolution of the FinCEN enforcement action. We look at the compliance program; red flags missed, and how the bank was faulted as its compliance program was found to be not effective. Resources: See Matt's blog post Capital One Whacked on AML Failures See Tom's blog post the Capital One FinCEN Enforcement Learn more about your ad choices. Visit megaphone.fm/adchoices

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