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Bob Appleton Writes Law360 Article on Proposals to Hold Bank Executives Responsible for Compliance Failures

Publisher: Law360
March 10, 2015
Day Pitney Author(s) Robert M. Appleton

Bob Appleton wrote a bylined article, "Anti-Money Laundering Compliance Is About To Get Personal," for Law360. In the article, he analyzes the New York Department of Financial Services latest efforts to hold banking executives personally liable for compliance failures after the recent wave of heavy fines that have been imposed on financial institutions. He also summarizes the recent significant fines and penalties that have been imposed on financial institutions, and offers some solutions banks may seek to pursue as remedial measures and protective efforts.

To read the article, please click here.


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