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ING faces 'heightened' scrutiny after money-laundering penalty

( October 31, 2019, 11:39 GMT | Official Statement) -- MLex Summary: ING faces ongoing "heightened scrutiny" by global regulators after it paid a fine of 775 million euros to Dutch regulators last year over money-laundering failures. In its financial results today, the Dutch lender said it faces investigations over its money laundering defenses. These could lead to "remedial actions" by the bank. ING could also face civil action over the 2018 settlement, related to the Dutch prosecutor's decision not to take action against ING employees.The report is attached....

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