Economy

UBS fined $125 million by US regulators for money laundering violations

The settlement addresses allegations of willful and repeated violations of anti-money laundering rules by a UBS subsidiary.

Talivio News · Global 3 August 2026, 16:20 1 min read

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UBS Financial Services Inc., a subsidiary of UBS Group AG, has agreed to pay $125 million to settle allegations by the US government regarding violations of anti-money laundering rules. The settlement follows allegations that the subsidiary willfully and repeatedly violated these regulations.

The $125 million fine was imposed by US regulators in response to the money laundering violations.

125,000,000 USD

Fine amount paid by UBS to settle money laundering violation allegations

Updates

Update — 3 August, 17:19

While the initial report noted a $125 million settlement, new reports from FINRA and the CFTC indicate additional penalties of $20 million and $8 million respectively, leading to disputed claims that three US regulators have imposed total fines amounting to $153 million. FinCEN's ruling specifies that the violations, which spanned from January 2019 to June 2023, involved failures to monitor over 50,000 foreign currency wires valued at more than $10 billion and inadequate due diligence on high-risk customers linked to Russia and Latin America.

Soren Falk

Economics Correspondent · Talivio News

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