Bank of America Hit With $1.21 Billion in US Penalties Over AML and Sanctions FailuresDigital Trade OutlookOctober 14, 2026 US Treasury penalises Bank of America over $5bn in late suspicious activity reports, correspondent banking failures and 475 sanctions violations.
When Sanctions Target the Bank and Not Just the Buyer, Banks Become Gatekeepers and Exporters Could Feel It FirstDigital Trade OutlookOctober 11, 2026 The US Treasury’s Office of Foreign Assets Control (OFAC) has put foreign banks on notice. In an alert issued under…
The Compliance Tax: Why Global Trade is Slowing Down in 2026Digital Trade OutlookApril 10, 2026 If you’re trying to move money or goods across borders this year, speed probably isn’t the word you’d use. What…
