BaFin orders challenger bank N26 to fix money laundering controls

The regulator also is appointing a special commissioner to oversee the bank's progress and asked the company to meet each of the benchmarks in a limited time frame but didn't detail the duration.

Original source: https://www.bankingdive.com/news/bafin-orders-challenger-bank-n26-to-fix-money-laundering-controls/600128/