South Korean Bank's AML Penalties Offer Cautionary Tale

By John Curran and Daniel Chirlin (April 22, 2020, 5:50 PM EDT) -- On April 20, the U.S. attorney for the Southern District of New York, the New York attorney general and the New York State Department of Financial Services announced agreements, including a deferred prosecution agreement, with the South Korean state-owned Industrial Bank of Korea and its New York branch, IBKNY, for deficiencies in its anti-money laundering compliance program....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!