i-law

Money Laundering Bulletin

ABN Amro fined $1.3m for AML control failings by Dutch & Dubai regulators

ABN Amro Group NV, the Dutch state-owned lender, has been fined more than $1.3 million in total by regulators in the Netherlands and Dubai for AML systems and controls failures at its private bank in Dubai, notably for the period 1 January 2013 to 31 December 2014. [1]

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