---
title: "OCC Identifies Deficiencies In Wells Fargo's Financial Crimes Controls"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/214232623.md"
description: "The Office of the Comptroller of the Currency has entered into a Formal Agreement with Wells Fargo Bank, N.A. due to deficiencies in the bank's financial crimes risk management and anti-money laundering controls. The agreement mandates corrective actions to improve compliance programs. Wells Fargo is actively addressing the requirements of the agreement with urgency."
datetime: "2024-09-13T01:44:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/214232623.md)
  - [en](https://longbridge.com/en/news/214232623.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/214232623.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/214232623.md) | [English](https://longbridge.com/en/news/214232623.md)


# OCC Identifies Deficiencies In Wells Fargo's Financial Crimes Controls

The Office of the Comptroller of the Currency said it entered into a Formal Agreement with Wells Fargo Bank, N.A.

The Formal Agreement highlights deficiencies in the bank's financial crimes risk management practices and anti-money laundering controls. These issues include weaknesses in suspicious activity and currency transaction reporting, customer due diligence, and the bank's customer identification and beneficial ownership programs.

The agreement requires the bank to take comprehensive corrective actions to enhance its Bank Secrecy Act/anti-money laundering and U.S. sanctions compliance programs.

Meanwhile, Wells Fargo said it has been working to address a substantial portion of what's required in the formal agreement, and it is committed to completing the work with the same sense of urgency as its other regulatory commitments.

For comments and feedback contact: editorial@rttnews.com

Business News

### 相關股票

- [Wells Fargo (WFC.US)](https://longbridge.com/zh-HK/quote/WFC.US.md)

## 相關資訊與研究

- [Wells Fargo CEO Scharf says enter 2026 with our deal pipeline meaningfully greater than it has been at any point in the last five years](https://longbridge.com/zh-HK/news/272575546.md)
- [A Look At Wells Fargo (WFC) Valuation As Investors Position For Upcoming Earnings](https://longbridge.com/zh-HK/news/272303392.md)
- [Gold Hunter shifts from quiet buildup to fully funded drilling push at Newfoundland gold district](https://longbridge.com/zh-HK/news/281261616.md)
- [How JPMorgan's plan to revive the American dream by going smaller would also help itself](https://longbridge.com/zh-HK/news/281225965.md)
- [Oracle begins layoffs affecting thousands, CNBC reports](https://longbridge.com/zh-HK/news/281277680.md)