Global Investigations Review - The law and practice of international investigations

BaFin warns Deutsche Bank over AML compliance and appoints monitor

By Emily Casswell

25 September 2018

BaFin warns Deutsche Bank over AML compliance and appoints monitor  The headquarters of Deutsche Bank in Frankfurt (Credit: iStock.com/agafapaperiapunta)

Germany’s financial regulator has appointed a special representative to Deutsche Bank to check the bank’s progress in strengthening its internal safeguards to prevent money laundering and terrorism financing over the next three years.