Deutsche Bank still to fix transaction monitoring as BaFin extends monitor term

BaFin, the German financial services regulator, has rattled its sabre at Deutsche Bank again, threatening, on 15 February, to fine if long-standing transaction monitoring failings are not resolved.

BaFin, the German financial services regulator, has rattled its sabre at Deutsche Bank again, threatening, on 15 February [2024] [1], to fine if long-standing transaction monitoring failings are not resolved.