<story><title>Widening Russia Money Laundering Scandal Hits European Banks</title><url>https://www.bloomberg.com/news/articles/2019-03-05/dirty-money-scandal-widens-with-reports-on-nordea-and-lithuania</url></story><parent_chain><item><author>mihaifm</author><text>What&amp;#x27;s funny is that all these banks have mandatory anti-money laundering training courses that are enforced down the hierarchy to developers, IT staff and even call center operators, while most of the fraud is done at the top tier with the consent of high ranking managers.</text></item></parent_chain><comment><author>ozzi94</author><text>When I was at Intel a decade ago all the techies had to go through mandatory ethics training because the Sales guys had been arrested busy bribing people in the third world. So not just banks.</text></comment>
<story><title>Widening Russia Money Laundering Scandal Hits European Banks</title><url>https://www.bloomberg.com/news/articles/2019-03-05/dirty-money-scandal-widens-with-reports-on-nordea-and-lithuania</url></story><parent_chain><item><author>mihaifm</author><text>What&amp;#x27;s funny is that all these banks have mandatory anti-money laundering training courses that are enforced down the hierarchy to developers, IT staff and even call center operators, while most of the fraud is done at the top tier with the consent of high ranking managers.</text></item></parent_chain><comment><author>Krasnol</author><text>I always felt like those were done for two reasons:&lt;p&gt;1) tell your clients&amp;#x2F;press that you have them&lt;p&gt;2) if you get caught tell you &amp;quot;we&amp;#x27;ve told you not to do it. we&amp;#x27;re at no fault here&amp;quot;&lt;p&gt;From my personal experience they are not being taken serious if the client is important. Or are being taken serious in a way that you have people who help you out with that kind of shady business stuff.</text></comment>