Tag: futures_commission_merchant

CFTC Fines UBS Financial Services $8 Million for AML Supervision Failures

3 Aug 2026 9:09 a.m.

UBS Financial Services Inc. faces an $8 million penalty from the CFTC for supervision failures. The firm's anti-money laundering transaction monitoring systems for foreign currency wire transfers were found to be inadequately configured and operated.

Business Law Enforcement Politics and Government Economy Banking Federal Government Legal UBS Financial Services Inc.CFTC Anti-Money Laundering Supervision Failures Foreign Currency Financial Regulation Futures Commission Merchant