The local federal financial supervisory authority has imposed a fine of 9.2 million euros against the German neobank.

L'amende infligée à la banque a été confirmé le May last but formalized this Tuesday by the supervisor and N26. It sanctions shortcomings in the fight against money laundering. The company indicated that it had already made a provision in its 2022 accounts for this fine, for an amount greater than that finally imposed. This new financial penalty is added to the one already imposed in 2021 by BaFin, in the amount of 4.25 million euros. The company guaranteed, after the payment of this fine, that it had “implemented all measures aimed at improving suspicious activity reports