A broker-dealer settled FINRA charges for failing to tailor its AML program to monitor for and report potentially suspicious activity.

The National Credit Union Administration issued guidance on the credit, strategic, compliance and reputational risks to federal credit unions arising from its credit union service organization rule.

The SEC Division of Corporate Finance granted a Spanish multinational bank no-action relief which will allow it to conduct concurrent tender offers in the United States and Mexico.

A broker-dealer settled FINRA charges for (i) conducting a municipal securities business without becoming a member of the MSRB and (ii) failing to amend its FINRA membership application prior to conducting private placement offerings.

A Federal Reserve Board policy that states that the Board will exercise its discretion under the Federal Reserve Act to limit state member banks to engaging as principal in only those activities that are permissible for national banks became effective on February 7, 2023.