Anti-Money-Laundering Controls Play Bigger Role in Credit Ratings


Lapses in anti-money-laundering and financial-crimes controls are more likely to affect a banks’ credit rating than almost any other nonfinancial factor, according to Fitch Group Inc.

The findings from the credit-ratings firm, published Thursday, were part broader analysis of the impact that environmental, social and governance factors have on issuer credit scores. The evaluation categories include energy management, labor relations, management strategy, among other metrics.