UPDATE 2-UK fines Commerzbank $47 mln for lax money laundering controls <!-- no image --> <div>* Bank agreed to early settlement to reduce fine (Adds details of poor controls)<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=aoA_WRkFht8:zywU_joTOaA:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=aoA_WRkFht8:zywU_joTOaA:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=aoA_WRkFht8:zywU_joTOaA:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=aoA_WRkFht8:zywU_joTOaA:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=aoA_WRkFht8:zywU_joTOaA:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/aoA_WRkFht8" height="1" width="1" alt=""></div> Posted by Reuters