Financial Crime Financial Crime

Money laundering filing rules 'unlikely' to be relaxed amid crisis, senior compliance exec says

By Martin Coyle
  • 06 Apr 2020 08:54
  • 06 Apr 2020 08:54

Global bank regulators are unlikely to relax the rules on filing money laundering reports despite the market disruption caused by the Covid-19 crisis, according to a senior compliance executive.

Megan Hodge, a compliance executive at US-based Ally, a financial services company, said she didn’t expect firms to be given special dispens

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Martin Coyle

Senior Correspondent

Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.

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