Financial Crime Financial Crime

JPMorgan ducked monitor in spoofing settlement through 'significant compliance uplift,' US DOJ official says

By Richard Vanderford
  • 08 Oct 2020 16:35
  • 08 Oct 2020 17:26
JPMorgan was able to avoid a monitorship as part of its recent $920 million spoofing settlement by engaging in a "significant compliance uplift" that showed it was serious about improving its controls, a senior US Justice Department official said today.
The institution avoided a costly and intrusive monitorship for its

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