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Money Laundering Bulletin RSS feed

DNB nets NKr400m fine in Norway over fishy CDD

Online Published Date : 04 May 2021 | Appeared in issue: 284 - 29 April 2021

DNB AS, Norway’s largest lender, reported, on 3 May [2021], that it will be fined NKr400 million (US$48.1 million) by Finanstilsynet, the country’s financial supervisory authority, for breaches of anti-money laundering rules.The bank was previously..

Stablecoins – crypto risk impact

Online Published Date : 05 May 2021 | Appeared in issue: 284 - 29 April 2021

If theanon-/pseudon-ymity of cryptocurrencies appeals to criminals, are stablecoinsset to prove irresistible? Nicholas Wallace engages in some valuable exchange.The growing popularity ofcryptocurrencies has stoked concerns that they offer a haven..