Credits: Reuters AMSTERDAM (Reuters) -Dutch online bank Bunq has received a fine of 2.6 million euros ($3.04 million) for failures in its money laundering controls, Dutch central bank DNB said on Monday.
DNB said Bunq was fined in May for “serious shortcomings in money laundering controls” in the period between January 2021 and May 2022.
It said Bunq had appealed the fine.
($1 = 0.8544 euros)
Inside Telecom provides you with an extensive list of content covering all aspects of the Tech industry. Keep an eye on our News section to stay informed and updated with our daily articles.