ICIJ
•84% Informative
Nordea has agreed to pay $35 million to New York's financial services watchdog for alleged failure to prevent money laundering and other criminal activities.
The bank failed to conduct proper due diligence of its clients and banking partners as required by the Bank Secrecy Act , the watchdog says.
The New York State Department of Financial Services said it had identified “significant compliance failures” between 2008 and 2019 by the bank.
VR Score
86
Informative language
86
Neutral language
51
Article tone
formal
Language
English
Language complexity
72
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
3
Affiliate links
no affiliate links