Largest lender in Norway confirms €40M penalty for anti-money laundering compliance breaches - AML Intelligence
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Largest lender in Norway confirms €40M penalty for anti-money laundering compliance breaches

Image: DNB branch in Bergen, Norway | Ssu

By Dan Byrne for AMLi

Norway’s largest financial services firm has confirmed it will pay a multi-million euro AML compliance fine – first hinted at some months ago.

DNB ASA, headquartered in Oslo, has agreed to a penalty of 400M Norwegian kroner (just over €40M) after an assessment by the country’s financial crime watchdog Finanstilsynet.

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