German financial regulator BaFin has imposed a fine of 1.45 million euros ($1.55 million) on Commerzbank for failing to adhere to anti-money laundering regulations, it announced on Monday. The fine relates to violations involving both Commerzbank AG and the former comdirect Bank AG, with Commerzbank AG now being the universal successor. “Commerzbank AG and the former comdirect Bank AG, of …
Read More »BaFin Fines Commerzbank €1.45 Million for Anti-Money Laundering Failures
