Repeat violations of the Bank Secrecy Act by UBS have resulted in a $125 million penalty by FinCEN - a second enforcement action by FinCEN against the bank. www.fincen.gov/news/news-re...
FinCEN.govWASHINGTON—Today, the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) assessed a $125,000,000 civil money penalty against UBS Financial Services Inc. (UBSFS) for willful vio...www.fincen.gov