Large ING settlement for money laundering includes significant disgorgement element

The Dutch bank ING has reached a settlement with the Dutch Public Prosecution Service of €775m for failures in anti money laundering procedures and compliance, which permitted accounts to be used for criminal activity. The announcement from ING can be found here, and an article on the topic on FT.com here. The settlement is split into … Continue reading → Source: Energy Trading Regulation – Large ING settlement for money laundering includes significant disgorgement element

Continue reading Large ING settlement for money laundering includes significant disgorgement element. This article appeared first on CTRM Center.

Source: CTRM Center

Related Posts

Leave a reply