Regulator probes money laundering controls at Austria’s Raiffeisen

Reported by John O’Donnell and Tom Sims Austria’s financial regulator FMA has been investigating Raiffeisen Bank International over anti-money-laundering failures, the Austrian bank said on Thursday in its annual report. The investigation is focused on the so-called know-your-customer rules, the bank said, referring to a key safety guard to prevent money laundering. It comes as […]