By Elizabeth Hearst for AMLi
Dutch lender Rabobank has sought an extension from the country’s central bank after it ordered Rabobank to “remedy deficiencies” identified in the firm’s compliance with AML regulations.
In 2021, De Nederlandsche Bank (DNB) ordered Rabobank to improve its compliance with the country’s anti-money laundering framework (Wwft) or face “punitive enforcement procedures.”
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