By Elizabeth Hearst for AMLi
Danske Bank A/S has been hit with a €1.82M fine by the Central Bank of Ireland for transaction monitoring failures.
In a statement, the Central Bank of Ireland said it had levied the fine against Danske for its shortcomings relating to its AML/CFT systems, after it had identified three breaches of the Criminal Justice (Money Laundering & Terrorist Financing) Act, 2010.
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