The NetherlandsPolice in Belgium and the Netherlands worked with Europol to target an alleged organized crime group involved in phishing, fraud, and money laundering.
The Dutch Central Bank, De Nederlandsche Bank, published a study on the growing risks that cyberthreats pose to financial institutions.
Austrian bank’s legal appeal rejected, former Privatbank manager fined for AML violations, and more, in the weekly roundup.
U.K judge dismisses JP Morgan Chase lawsuit, Star Entertainment Group triggers second AML investigation, and more, in the midweek roundup.
The Netherlands Public Prosecution Service and the Amsterdam, Netherlands-based financial institution entered into a settlement that requires the bank to pay €480 million to resolve violations of the Anti-Money Laundering and Counter Terrorism Financing Act.
The Netherlands and the Amsterdam-based bank entered into a settlement agreement that requires the financial institution to pay a €675 million fine and disgorge €100 million to resolve a criminal investigation into violations of the Anti-Money Laundering and Counter Terrorism Financing Act.
| Technical | Effectiveness |
|---|---|
| Compliant : 6 | High : |
| Largely Compliant : 22 | Substantial : |
| Partially Compliant : 20 | Moderate : |
| Non-Compliant : 1 | Low : |
| Rank : 101/141 |
| Score : 4.56/10 |
| Rank : 8/179 |
| Score : 82/100 |
| Rank : 8/133 |
| Score : 67/100 |