Money Laundering Bulletin
ABN AMRO pays €480m in Netherlands for protracted AML breaches
ABN AMRO, one of the Netherlands’ systemically important banks, with over five million account holders, is to pay €480m (US$577.4m)
for failing to comply with the Dutch Anti-Money Laundering/Counter Terrorist Financing (AML/CTF) Act between 2014 and 2020.