DeGiro online broker fined EUR 2 million for failing to report unusual transactions
On 23 December 2021, the Netherlands Authority for the Financial Markets (AFM) appears to have imposed an administrative fine of 2 million euros on the DeGiro of the German company flatexDEGIRO Bank AG (FlatexDeGiro) because the online broker reported unusual transactions too late and incorrectly to Financial Intelligence. Unit – Netherlands (FIU). DeGiro did this Read more about DeGiro online broker fined EUR 2 million for failing to report unusual transactions[…]