Category: Europe

UBS Monaco Fined 6 Million Euros for Serious Anti Money Laundering Failures following major deficiencies in monitoring politically exposed persons and offshore transactions.

Sparkasse Oberösterreich Bank AG has been fined 60,000 euros by the FMA for failing in its due diligence obligations regarding customer ownership and control structures.

ING Belgium settlement of 1.6 million Euro follows an investigation into unreported transactions. The case focuses on compliance failures related to the Didier Reynders money laundering inquiry and the suspicious use of lottery tickets.

Nordea Finans Danmark A/S faces a police report by the Danish Financial Supervisory Authority for systematic Money Laundering Act violations involving credit cards.

UBS Monaco Fined 6 Million Euros for Serious Anti Money Laundering Failures following major deficiencies in monitoring politically exposed persons and offshore transactions.

Sparkasse Oberösterreich Bank AG has been fined 60,000 euros by the FMA for failing in its due diligence obligations regarding customer ownership and control structures.

ING Belgium settlement of 1.6 million Euro follows an investigation into unreported transactions. The case focuses on compliance failures related to the Didier Reynders money laundering inquiry and the suspicious use of lottery tickets.

Nordea Finans Danmark A/S faces a police report by the Danish Financial Supervisory Authority for systematic Money Laundering Act violations involving credit cards.

UBS Monaco Fined 6 Million Euros for Serious Anti Money Laundering Failures following major deficiencies in monitoring politically exposed persons and offshore transactions.

Sparkasse Oberösterreich Bank AG has been fined 60,000 euros by the FMA for failing in its due diligence obligations regarding customer ownership and control structures.

ING Belgium settlement of 1.6 million Euro follows an investigation into unreported transactions. The case focuses on compliance failures related to the Didier Reynders money laundering inquiry and the suspicious use of lottery tickets.

Nordea Finans Danmark A/S faces a police report by the Danish Financial Supervisory Authority for systematic Money Laundering Act violations involving credit cards.