Cooperative Centrale Raiffeisen-Boerenleenbank has said that the New York branch of the The Federal Reserve (Rabobank) has agreed to increase its anti-money laundering compliance following an examination, which showed that its compliance was not up to scratch, though the bank has been saved from paying a financial penalty.
The Federal Reserve has said that the New York branch of the Cooperative Centrale Raiffeisen-Boerenleenbank (Rabobank) has agreed to increase its anti-money laundering compliance following an examination, which showed that its compliance was not up to scratch, though the bank has been saved from paying a financial penalty.