Bank of Bhutan

The Royal Monetary Authority of Bhutan imposed a fine exceeding Nu 228 million on Bank of Bhutan for anti-money laundering lapses and reporting failures. Deficiencies included governance shortcomings, weak internal controls, and delayed filing of Suspicious Transaction Reports. The regulator also cited the bank's failure to report operational anomalies such as unauthorised deductions from customer accounts.

5 billion, which exposed deeper structural weaknesses in risk oversight. The RMA said the issues reflected broad management failures, not isolated technical glitches. Beyond the monetary penalty, Bank of Bhutan faces a dividend ban, mandatory audits, and orders to strengthen its AML framework, close accountability gaps, and compensate affected customers.