30.09.2019. ABN Amro, the Netherlands based bank, problems with anti-money laundering controls

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The bank joins Sweden’s Danske and Germany’s Deutsche Bank among European banks recently alleged to have failed to adequately probe suspicious transactions.
The prosecutor’s office said that the ABN Amro bank has not carried out client due diligence sufficiently, was insufficiently monitoring bank accounts and did not report unusual transactions, or reported them too late.
The bank said that it  will cooperate fully with the investigation, though declined to provide further information.