The German bank “Deutsche Bank” was urged by the Bavin Financial Supervision Authority to do more to stop money laundering and terrorism financing.
According to a decision given by “Buffin” in September that surfaced in media sources on Friday evening, the organisational authority warned the largest bank in Germany with fines if it did not carry with earlier instructions issued by “Buffhen” during the years 2018 and 2019.
In September 2018, the “Deutsche Bank” bank issued an order directing compliance with the requirements of due caution and suitable internal security measures “with the prohibition of money laundering and terrorist financing.
In a statement released on Friday, “Deutsche Bank” stated that no new difficulties have been discovered in light of the Financial Supervision Authority’s recent decision regarding resolving problems that have been found in the past within the framework of earlier agreed dates.
Frankfurt-based “Deutsche Bank” spokesman:
. Germany Deutsche Bank is urged by the Financial Supervision Authority to take additional action to combat money laundering.
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