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Announcement: FMA imposes a sanction against Wiener Privatbank SE for a breach against due diligence obligations for the prevention of money laundering and terrorist financing

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The Austrian Financial Market Authority (FMA) hereby announces that it has imposed a fine of EUR 154,000 against Wiener Privatbank SE as a legal entity by means of a penal order for a breach against the Financial Markets Anti-Money Laundering Act (FM-GwG; Finanzmarkt-Geldwäschegesetz) for failure to identify and verify the identity of all owners of a customer in the highest risk category.

The penal order is final.

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