{"id":552605,"date":"2025-11-06T09:32:17","date_gmt":"2025-11-06T09:32:17","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/552605\/"},"modified":"2025-11-06T09:32:17","modified_gmt":"2025-11-06T09:32:17","slug":"breaking-jpmorgan-fined-e45m-in-germany-for-aml-failings","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/552605\/","title":{"rendered":"BREAKING: JPMorgan fined \u20ac45m in Germany for AML failings"},"content":{"rendered":"<p>By Thomas Seythal<\/p>\n<p class=\"has-drop-cap\"><strong>GERMANY\u2019S financial watchdog BaFin has imposed a \u20ac45 million ($52.5 million) fine on Frankfurt-based JPMorgan SE for deficiencies in money-laundering prevention.<\/strong><\/p>\n<p>The company violated its supervisory duty in internal processes for submitting reports of suspected money laundering, BaFin added.<\/p>\n<p>\u201cDue to these process weaknesses, J.P. Morgan SE systematically failed to submit reports of suspected money laundering in a timely manner between October 4, 2021, and September 30, 2022,\u201d it said.<\/p>\n<p>\u201cThe fine relates to historical findings. The timing of our SAR filings did not impede any investigations by the authorities,\u201d JPMorgan said in a statement.<\/p>\n<p>\u201cWe are deeply committed to detecting, preventing, and reporting money laundering and financial crimes,\u201d the bank added.<\/p>\n<p>More to follow\u2026<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/11\/phone-tablet-desktop.png\" alt=\"AML Intelligence\"\/>We hope you enjoyed reading this article<\/p>\n<p class=\"amlpmp-content-message__description\">If you would like unlimited access to AML Intelligence premium articles, newsletter delivered twice a week, access to our Global Bank Fines and Penalties database, free access to Boardroom Series events and much more, select one of our subscription options and become a subscriber!<\/p>\n<p><a class=\"amlpmp-content-message__button amlpmp-content-message__button--primary\" href=\"https:\/\/www.amlintelligence.com\/membership-account\/membership-levels\" target=\"_blank\" rel=\"noopener\">View subscription options<\/a><a class=\"amlpmp-content-message__button amlpmp-content-message__button--transparent\" href=\"https:\/\/www.amlintelligence.com\/login\" target=\"_blank\" rel=\"noopener\">If you have an account, log in<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"By Thomas Seythal GERMANY\u2019S financial watchdog BaFin has imposed a \u20ac45 million ($52.5 million) fine on Frankfurt-based JPMorgan&hellip;\n","protected":false},"author":2,"featured_media":552606,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5310],"tags":[2000,299,1824,27599,978],"class_list":{"0":"post-552605","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-germany","8":"tag-eu","9":"tag-europe","10":"tag-germany","11":"tag-jpmorgan","12":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115502065481380237","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/552605","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=552605"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/552605\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/552606"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=552605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=552605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=552605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}