ING slapped with anti-money laundering undertaking after investigation
Reported by: Clancy Yeates Dutch bank ING has vowed to fix its anti-money laundering and counter-terrorism financing systems, after an investigation by financial crimes regulator Austrac found flaws in the lender’s compliance. Austrac on Thursday said it accepted a court-enforceable undertaking from ING’s Australian business, with ING promising to beef up its reporting of suspicious […]