The Federal Reserve has said that the New ##bank branch of the Cooperative Centrale Raiffeisen - Boerenleenbank ( ps ) has agreed to increase its anti - money laundering program following an examination , which showed that its financing was not up to scratch , though the bank has been prevented 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.