Mega International Commercial Bank controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile1 entries
2016
New York anti-money-laundering enforcement action
After scrutiny associated with the Panama Papers, New York State regulators fined Mega International Commercial Bank US$180 million for violations involving anti-money-laundering and compliance controls. The consent order required the bank to appoint an independent monitor and correct serious weaknesses in its compliance program.