ABN Amro fined EUR480 million over 'serious' Dutch money laundering failings
By Martin Coyle ( April 19, 2021, 08:04 GMT | Insight) -- ABN Amro has been fined 480 million euros by Dutch prosecutors for "serious shortcomings" in its anti-money laundering compliance, in a settlement announced today. Three former senior executives are under investigation and remain as suspects in the case, the Openbaar Ministerie said. The agency said they are thought to be responsible for the violations.ABN Amro has been fined 480 million euros ($575 million) by Dutch prosecutors for "serious shortcomings" in its anti-money laundering compliance, in a settlement announced today (see here)....
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