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NEWS: Dutch lender Volksbank faces second fine from central bank

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By Charlotte Van Campenhout

De Volksbank is facing a fine from the Dutch central bank (DNB) over alleged shortcomings in risk management, the state-owned lender said on Friday.

The bank, which incorporates several smaller Dutch banks such as SNS and ASN that were nationalised in the wake of the 2008-2009 financial crisis, disclosed the findings along with its first-half results.

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NEWS: Europol says AI facial recognition technology could help stop ATM scams

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NEWS: Luxembourg’s CSSF regulator says new anti-corruption rules will be ‘focal point’ in money laundering fight

NEWS: None of 25 UK legal and accounting industry bodies ‘fully’ meet AML standards, FCA warns

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