U.S. authorities have intensified their scrutiny into a handful of major financial institutions’ handling of potentially tainted funds connected to widespread allegations of corruption within soccer’s governing body, FIFA, according to people familiar with the matter.
Prosecutors in the Brooklyn U.S. attorney’s office and New York’s top banking regulator have separately contacted more than a half dozen banks combined in connection with the soccer scandal in recent weeks. Authorities are focused on whether the banks’ required anti-money-laundering systems should have caught the allegedly corrupt payments, the people said. They have also told the banks to scour their books for any illegal payments related to FIFA, they said.
Prosecutors have questioned HSBC Holdings PLC, Standard Chartered PLC and Delta National Bank and Trust Company, according to the people. At least three other major international banks have been contacted in the probe, the people said. Those banks could not be identified and it’s not clear if the separate probes by the U.S. attorney’s office and the New York regulator are looking at identical groups of banks.