NEWS: Dutch Regulator fines Volksbank €5 Million over serious, persistent AML failures 

By AML Intelligence Correspondents THE Dutch Central Bank (DNB) has imposed a €5 million fine on de Volksbank for persistent failures in its anti-money laundering (AML) controls, citing serious and long-standing deficiencies in risk monitoring and transaction surveillance. Following an extensive examination, DNB found that de Volksbank failed to properly assess, monitor, and mitigate money Read More