The New York State Department of Financial Services issued a Consent Order against Deutsche Bank AG, Deutsche Bank AG New York Branch, and Deutsche Bank Trust Company of the Americas for failing to meet obligations related to anti-money laundering and monitoring high-risk clients, including Jeffrey Epstein. The order details the bank's inadequate monitoring of Epstein's accounts and correspondent banking relationships with FBME and Danske Bank, resulting in a $150 million penalty. The order also outlines the bank's cooperation and remediation efforts.
documents/EFTA00151495.pdf
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