Tag Archive: SEC

ING Reaches $900 Million Settlement for AML Violations

An Amsterdam-based bank, ING Group NV, became involved in a U.S. Securities and Exchange Commission (SEC) investigation for having shortcomings in the execution of preventative measures against financial crimes.  This includes requirements for client on-boarding, anti-money laundering (AML) regulations, and… Read more >

Amazon Faces Federal Investigation for Selling Goods to Iranian Officials

If an eCommerce giant like Amazon is unable to flag illegal sales to terrorists for five years, how are other eCommerce businesses managing their trade compliance? Amazon.com, Inc. (“Amazon”) (AMZN), the Seattle based electronic commerce (eCommerce) conglomerate, is currently involved… Read more >