SCOTIABANK DE PUERTO RICO

HATO REY 2003 Community Banks / Credit Unions
FDIC Civil Money Penalty
Penalty
$8,000

Outcome

ORDER TO PAY CIVIL MONEY PENALTY

Details

SCOTIABANK DE PUERTO RICO — FDIC Enforcement (2003)

FDIC took enforcement action against SCOTIABANK DE PUERTO RICO in HATO REY in 2003 involving civil money penalty violations in the Community Banks / Credit Unions sector.

Penalty: $8,000

Violation types: Civil Money Penalty
Entity type: Financial Institution
Penalty type: Consent Order
Location: HATO REY

Source: FDIC ED&O — FDIC-03-164k

How Crucible Prevents This

Crucible's banking compliance controls enforce regulatory requirements and flag violations before they escalate to civil money penalties.

Source: FDIC ED&O — FDIC-03-164k

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