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Reuters

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Business & Economics

Exclusive-TD Bank appoints compliance monitor after $3 billion US penalty for money laundering

Reuters
Summary
Nutrition label

79% Informative

Guidepost Solutions will monitor TD 's business in the United States as part of a multi-year program to fix its anti-money laundering problems.

The costs for the monitor will be paid from a $500 million pot that TD has earmarked for compliance work.

U.S. regulators hit the lender with $3 billion in penalties last year .

VR Score

90

Informative language

96

Neutral language

63

Article tone

formal

Language

English

Language complexity

62

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

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no sources

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