Anti-Financial Crime & Financial Crime Compliance
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ING Bank hit with €3 Million fine by French authorities for AML failures

Dutch banking giant ING has been fined €3 Million in France for shortcomings in its anti-money laundering framework.

Following an inspection by the French Autorité de Contrôle Prudentiel et de Résolution (ACPR) in 2018, which identified anti-money laundering (AML) and counterterrorism financing compliance shortcomings, the Dutch bank has been hit with its latest fine for AML failings.

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