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Dutch Prosecutors Move Toward Legal Action Against Rabobank Over Compliance Failures
The public prosecution department is preparing to initiate legal proceedings against Rabobank over its alleged failure to adhere to regulations concerning money laundering and the financing of terrorism. According to a brief statement released on Wednesday, the bank did not adequately examine “unusual transactions” conducted by its clients over an extended period. The investigation, which is approaching its final stages, focuses on activities spanning from October 2016 throug
Apr 71 min read
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