Degroof Petercam formally rejects any accusation of money laundering - update

The National Bank of Belgium carried out an audit at Degroof Petercam on its procedures for internal control with regard to the prevention of money laundering, as it regularly does at banking institutions under its control. This audit led to recommendations, which Degroof Petercam is implementing in close consultation with its regulators.

Degroof Petercam is not aware that the aforementioned audit would have given rise to any judiciary investigation, as stated in Belga messages.

Such audits are strictly confidential, and just like for all parties involved, Degroof Petercam cannot communicate about this.

Compliance with legislation and regulations is key for Degroof Petercam and in this respect it works closely with all regulators.