Austrian regulators fine Raiffeisen for money laundering lapses

Reported by Reuters Austrian regulators fined Raiffeisen Bank International (RBIV.VI) for lapses in its money laundering controls, the country’s Financial Market Authority said on Friday, imposing a record fine of just over 2 million euros ($2.1 million). The penalty, the biggest ever to be awarded by regulators in Austria, was handed out after failings were found in […]