Key insight: The second-largest U.S. bank warned that it may be forced to pay monetary penalties as part of a resolution with regulators regarding anti-money-laundering programs. The second-largest U.S. bank warned that it may be forced to pay monetary penalties as part of a resolution with regulators regarding anti-money-laundering programs. Bank of America may have to pay monetary penalties to resolve a regulatory consent order regarding the bank's anti-money-laundering programs. Read more:The bank was also required to employ a Bank Secrecy Act officer, as well as develop and implement an employee training program focused on the Bank Secrecy Act and sanctions compliance. Bank of America is among the list of banks whose anti-money-laundering programs have been recently scrutinized by regulators.