Skip to Primary Navigation

Skip to main content

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
 Click to share on Facebook (Opens in new window/tab) Click to share on Twitter (Opens in new window/tab) Click to share on LinkedIn (Opens in new window/tab) Click to share on WhatsApp (Opens in new window/tab)

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

, , , , , , , , , , , ,

Get full access, free for a month

This is a Premium article. Start your 28-day free trial to continue reading and access all content on GRIP – no payment details required.

Start free trial Sign in

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience