By PAUL O’DONOGHUE, Senior Correspondent
A UK money laundering investigation has triggered a liquidity crisis at Banex International, a Puerto Rico-based bank.
The UK’s Financial Conduct Authority (FCA) has frozen $24 million in a bank acount connected to Euro Exchange Securities UK (EESUK), the London arm of a global payments firm. EESUK recently shut down after an FCA investigation over alleged financial crime risks.
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