UPDATE 1-Britain fines Commerzbank $47 million for poor controls
Britain’s financial watchdog
said on Wednesday it had fined the London branch of Germany’s
Commerzbank 37.8 million pounds ($47.34 million) for failing to
have proper controls for preventing money laundering.
said on Wednesday it had fined the London branch of Germany’s
Commerzbank 37.8 million pounds ($47.34 million) for failing to
have proper controls for preventing money laundering.
Posted by Reuters
