Home / Financial Services / Key developments and horizon scanning / Anti-money laundering and counter-terrorist financing (AML/CTF)

Legal News

ABN Amro to pay €480m to settle Dutch AML penalty

Copyright © 2025 LexisNexis
Published on: 19 April 2021
Published by a Law360 reporter

Article summary

Law360, London: Dutch bank ABN Amro said on 19 April 2021 that it has agreed to pay a penalty of €480m ($US 580m) in an agreement with Dutch prosecutors after the lender failed to adequately shield itself against money launderers.

Powered by Lexis+®
Jurisdiction(s):
United Kingdom

Related documents:

2 Checklists
4 News
View More
2 Practice notes
4 Q&As
View More
Powered by Lexis+®

Related documents:

2 Checklists
4 News
View More
2 Practice notes
4 Q&As
View More

Popular documents

Brexit—impact on financial services

Brexit—impact on financial servicesThis Practice Note provides information relating to the impact of Brexit on financial services, including the loss of passporting rights, and how UK and EU firms should proceed following the UK becoming a third country for the purposes of EU financial services law

If a rentcharge is shown as being informally exonerated on title information, does this apply to the

If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some

Late payment penalties—inheritance tax

Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid

Strike out—making an application to strike out a statement of case

Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application