In July 2004, ABN AMRO signed a so-called Written Agreement with US banking regulators concerning compliance-related deficiencies, identified by the regulators at the US dollar clearing activities of ABN AMRO in New York. These deficiencies were related to cases of non-compliance with the United States’ Bank Secrecy Act and OFAC regulations (the United States’ sanction regime).
Price stability is a precondition for a healthy economy. That means you are conducting policy in favour of entrepreneurs, but against savers? No, the Governing Council conducts monetary policy for the whole of the euro area, because price stability is of benefit to everyone. In general, savers are also workers or employers; they are not only savers.