Bank profits need to fall in fight against money laundering -ECB’s Knot
27 Dec Bank profits need to fall in fight against money laundering -ECB’s Knot
Posted at 11:16h
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News
by KMFSLLP
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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