Supervision

CSSF fines BNP Paribas €3 mln for laundering lapses

The offices of CSSF in Luxembourg. Photo: IO.
The offices of CSSF in Luxembourg. Photo: IO.
The CSSF has fined BGL BNP Paribas three million euro for significant lapses in its anti-money laundering and counter-terrorist financing compliance. It’s the second-largest fine ever imposed for AML failings in Luxembourg.
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