Sector · Supervision

CSSF fines Degroof Petercam €1.56 mln for ‘deficiencies’

CSSF hands Degroof Petercam €1.56 mln fine for AML ‘deficiencies’
Financial supervisor CSSF has issued a fine of 1.56 million euros to the Luxembourg unit of Belgian bank Degroof Petercam after it found the firm to be in “non-compliance with its professional obligations” in regards to anti-money laundering measures.

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