Robeco Fined €2 Million for Failing Anti-Money Laundering Compliance in the Netherlands
Posted on 05/02/2022
In early April 2022, Dutch regulator Autoriteit Financiele Markten (AFM) fines Robeco Institutional Asset Management (RIAM) €2 million. AFM fined Robeco for failing anti-money laundering compliance as there were shortcomings in the customer checks investment institutions under RIAM’s management. The period of the shortcomings were from July 2018 to April 2020. AFM grew suspicious after…
