A Dutch court's ruling paving the way for former ING chief executive Ralph Hamers to stand trial for systemic anti-money laundering violations that the Dutch lender committed on his watch has major implications for other high-ranking managers of banks in the Netherlands.
Dutch officials plan to adopt their own version of an unexplained wealth order, a civil authority that the U.K. and a handful of other countries use to restrain the domestic assets of foreign politicos and other individuals suspected, but not yet convicted, of corruption or other crimes.
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