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Investment

US regulator fines DWS US$25m for greenwashing, AML offences

BY RACHEL ALEMBAKIS | TUESDAY, 26 SEP 2023 12:32PM

DWS Investment Management's American operations will pay the US Securities and Exchange Commission US$25 million to settle charges stemming from greenwashing claims and failures to develop an anti-money laundering (AML) program for mutual funds it advised.

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