PARIS, June 2 French bank watchdog ACPR said in
a statement it had fined BNP Paribas 10 million euros
($11.27 million) for insufficient anti-money laundering
ACPR said the sanctions followed a 2015 inspection of the
bank which revealed a number of shortcomings in its provisions
for preventing money laundering and financing of terrorism.
French authorities have been leading a crackdown in these
areas after a series of Islamist attacks in recent years.
($1 = 0.8875 euros)
(Reporting by Leigh Thomas and Geert De Clercq. Editing by Jane