Major Dutch Bank settles Fine for Money Laundering in Italy

The major Dutch ING Bank has settled with the Italian Central Bank for money laundering claims paying a fine of 30 million euro. During the investigation by the Central Bank the ING was not allowed to take on new clients. The Dutch Central Bank has stated that Dutch banks don’t do enough to prevent being used for money laundering.

https://www.ad.nl/economie/ing-schikt-ook-in-italie-voor-miljoenen-in-zaak-witwaspraktijken~a2443b6f/