TD Bank is currently facing fines amounting to approximately $3.09 billion from U.S. regulators due to significant failures in its anti-money-laundering measures. This situation has not only resulted in hefty financial penalties but also triggered a cease-and-desist order and non-financial sanctions from the Office of the Comptroller of the Currency. These actions will impose restrictions on the bank's growth in the U.S., reflecting the severity of the regulatory findings associated with systemic breakdowns in its transaction monitoring program.
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