The bank cautioned in an October filing that it was in talks with regulators over issues with its Bank Secrecy Act compliance ...

Bank of America, Corp. BAC received a cease-and-desist order on Monday from the Office of the Comptroller of the Currency ...

and training components of the bank’s BSA compliance program. The order mandates the bank to apply thorough remedial measures to improve its BSA/anti-money laundering (AML) and sanctions ...

Following the order, BofA will be required to and has agreed to revamp its anti-money-laundering protocol, hire a third-party consultant ... independent testing, and training components of the bank's ...