More money laundering exposed!!! https://t.co/f1i4S1hkwB
I love how every corrupt politician is outing themselves at the moment https://t.co/0o9tFFqqHQ https://t.co/UyZkpVZP5M
The average Canadian bank like $TD or $BMO is on par with the worst of American banks like $SI and $SBNY when it comes to KYC/AML and allowing money laundering to flow unimpeded. Any American bank that tried to be even marginally honest in Canada would be at a deep strategic… https://t.co/Z5ywLxQVkC https://t.co/r8MkGssclr
Recent discussions have emerged regarding a major money laundering scandal linked to the U.S. branch of a Canadian bank, which has reportedly been fined the largest amount in American history for facilitating extensive money laundering activities. Observers note that the bank's practices are comparable to those of some of the worst-performing American banks in terms of Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. The situation has prompted commentary on the broader implications of corruption within the financial sector, with various individuals highlighting the exposure of corrupt practices by politicians and financial institutions alike.