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International

Bank faces $45 million fine over money laundering rules

December 08, 2020 Reprints

The Financial Supervisory Authority of Norway could fine Norwegian bank DNB ASA 400 million Norwegian kroners ($45 million) for not failing to comply with the country’s Anti-Money Laundering Act, Bloomberg Quint reported. DNB said the fine does not relate to any suspicions of money laundering or the bank’s involvement in any such activities but only its failure to fully comply with the anti-money laundering rules.

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Bank faces $45 million fine over money laundering rules

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