KM Financial Solutions | Bank profits need to fall in fight against money laundering -ECB’s Knot
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Bank profits need to fall in fight against money laundering -ECB’s Knot

Bank profits need to fall in fight against money laundering -ECB’s Knot

Banks need to step up the
fight against money laundering and accept lower profits in
return, European Central Bank board member Klaas Knot said,
after a year in which investigations into criminal use of
accounts implicated several EU lenders.

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