The Globe and Mail reports in its Friday edition that Toronto-Dominion Bank's anti-money-laundering chief, Herbert Mazariegos, is urging the financial sector to learn from his bank's mistakes, noting that criminals are targeting other institutions to launder illicit funds. The Globe's Stefanie Marotta and Alexandra Posadzki write that after TD pleaded guilty to money laundering charges in early October, bringing a fine of over $3-billion (U.S.) and restrictions on expansion, Mr. Mazariegos highlighted the bank's efforts to address compliance issues. Mr. Mazariegos said Thursday at a conference hosted by the Association of Certified Anti-Money Laundering Specialists: "The reality is, we're not alone. I know we're in the news today, but we're not the last ones, unfortunately. There will be more. ... I hope we're all taking the opportunity to study what happened and just make our programs better, and at the end of the day, we're all going to win. Look, we're all in this together." Mr. Mazariegos is tasked with overseeing a costly overhaul of the bank's anti-money-laundering program to meet sweeping requirements set by U.S. regulators, including establishing a compliance headquarters in the country.