I will say that money laundering is a serious global threat. Our U.S. operation did not maintain an adequate AML program to thwart some criminal activity. We've taken full responsibility for the failures.
October 28th, 2024 / 4:55 p.m.
Executive Vice-President, Canadian Card Payments, Loyalty and Personal Lending, TD Bank Group
I will say that money laundering is a serious global threat. Our U.S. operation did not maintain an adequate AML program to thwart some criminal activity. We've taken full responsibility for the failures.
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