Wells Fargo & Company announced that the Office of the Comptroller of the Currency has terminated a 2015 consent order related to the company's Bank Secrecy Act/Anti-Money Laundering compliance program. The consent order required the bank to implement customer due diligence standards that include collection of current beneficial ownership information for certain business customers. Wells Fargo undertook significant work to remedy the deficiencies that gave rise to the consent order and to enhance its BSA/AML compliance program.