Month: July 2019

Regulator Slaps Santander With $1M AML Superb

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[ad_1] The Monetary Supervisory Authority (FSA) in Norway has fined Santander, a Spanish financial institution, $1 million for violating Norwegian anti-money laundering (AML) statutes, in line with a report by Reuters. The violations have been discovered on the Santander Shopper Financial institution in Norway and concerned a failure in an digital monitoring system meant to … Read more

Norway FSA fines Santander financial institution $1 million for anti-money laundering breach

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[ad_1] FILE PHOTO: A pigeon stands on the emblem of Spain’s greatest financial institution Santander in downtown Malaga, southern Spain, April 1, 2016. REUTERS/Jon Nazca/File Picture OSLO/MADRID (Reuters) – Norway’s Monetary Supervisory Authority has ordered Spanish financial institution Santander SAN.MC to pay a effective of 9 million crowns ($1 million) for violations of the nation’s … Read more