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Dutch regulators want to give banks more flexibility in deciding how they conduct due diligence and ensure they spend more time vetting and monitoring clients most likely to expose their institutions to financial crime. On Wednesday, following several meetings between compliance executives, representatives of De Nederlandsche Bank and the Finance Ministry, the Dutch Banking Association, or NVB, issued five compliance "standards" to guide banks towards focusing more scrutiny on the highest-risk clients and easing scrutiny on legitimate customers. "This is the main result of the series of roundtable discussions ... on a more risk-based customer due-diligence process to prevent money...