HALISTER1: U.S. Won’t Pursue Steps Against Banca Privada D’Andorra

U.S. Won’t Pursue Steps Against Banca Privada D’Andorra

(Bloomberg) -- BPA “no longer a primary money laundering concern,” U.S. Treasury’s Financial Crimes Enforcement Network says on website.
  • Andorran govt seizure of bank’s operations, arrest of CEO on money-laundering charges, implementation of a resolution plan and creation of a bank for “good assets” addressed U.S. concerns
  • NOTE: March 2015, U.S. Money Laundering Claims in Andorra Trigger Run, Arrest
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
7094Z SM (Banca Privada D'Andorra)

To de-activate this alert, click here

UUID: 7947283