Customers Bank, Pennsylvania agrees to rework BSA/AML and OFAC controls

On 5 August, Customers Bank entered into a written undertaking with the Federal Reserve Bank of Pennsylvania to revise its Bank Secrecy Act/Anti-Money Laundering (BSA/AML) and US sanctions compliance programmes.

On 5 August [2024], Customers Bank entered into a written undertaking [1] with the Federal Reserve Bank of Pennsylvania to revise its Bank Secrecy Act/Anti-Money Laundering (BSA/AML) and US sanctions compliance programmes.