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Deutsche Bank unit to pay $25m to settle SEC AML and greenwashing charges

Image of the Deutsche Bank blue insignia
Photo: Ralph Orlowski/Getty Images

Julie DiMauro

3 min read
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Enforcement actions addressed a failure to develop a mutual fund AML programme along with misstatements in its ESG investment process.

On Monday, the SEC settled charges against DWS Investment Management Americas Inc. (DWS), a subsidiary of Deutsche Bank AG, related to its failure to develop a mutual fund AML program and misstatements concerning its ESG investment process.

To resolve the charges, DWS agreed to pay a total of $25m in

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