Isle of ManThe Isle of Man Gaming Supervision Commission announced the suspension of licenses, pending a regulatory review, of King Gaming Ltd and Dalmine Ltd.
HM Treasury’s Office of Financial Sanctions Implementation issued a notice concerning the addition of two individuals and four entities to the consolidated list pursuant to the Iran (Sanctions) Regulations 2023.
EU lawmakers approve sweeping AML reforms, Dutch finance minister criticizes banks’ intelligence-sharing plan, and more, in the midweek roundup.
German prosecutors move to seize €720 million, Binance offered French regulator a senior position, and more, in the weekly roundup.
Isle of Man FSA Fines Royal Bank of Scotland International Limited £1,008,337 for AML/CTF Violations
The Isle of Man Financial Services Authority issued a £1,008,337 civil money penalty against the Jersey-based financial institution for violating the Anti-Money Laundering and Countering the Financing of Terrorism Code 2015.
The Isle of Man Financial Services Authority issued a public statement announcing the revocation of Wilton (IOM) Limited’s license to carry out certain regulated activities under the Financial Services Act 2008.
| Technical | Effectiveness |
|---|---|
| Compliant : 20 | High : 0 |
| Largely Compliant : 19 | Substantial : 2 |
| Partially Compliant : 1 | Moderate : 6 |
| Non-Compliant : 0 | Low : 3 |
Isle of Man's technical compliance was re-rated in a follow-up report on Oct. 23, 2020.
| Rank : N/A |
| Score : N/A |
| Rank : N/A |
| Score : N/A |
| Rank : 43/133 |
| Score : 65/100 |