June 25 2019
Norway’s Financial Supervisory Authority (FSA) said on Tuesday it had fined a subsidiary of Norwegian bank DNB for failing to comply with anti-money laundering regulations.
DNB Naeringsmegling, a real estate brokerage for commercial property, was given a so-called non-compliance fee of 30,000 Norwegian crowns ($3,532) for failing to properly impose control routines and adequately train employees, the FSA said.
“No money laundering activities or attempted money laundering activities were found in the inspection,” DNB said in a statement.