The Spanish Civil Guard arrested an individual in Barcelona on terrorism-related charges alleged to have owned several cryptocurrency addresses linked to an international terrorist funding network to benefit the Islamic State of Iraq and the Levant terrorist group.
Interpol announced that it assisted the Spanish National Police and the Spanish Tax Agency in an operation to dismantle an organized crime group suspected of fixing sporting event by corrupting athletes and using technology to place bets ahead of bookmakers.
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The Executive Service of the Commission for the Prevention of Money Laundering and Monetary Offences fined Banco Popular Español S.A.U., which is now part of Banco Santander S.A., €1,056,000 for violating anti-money laundering and counterterrorist financing norms.
The Supreme Court of Spain imposed a fine of 1 million on Banco Santander for anti-money laundering deficiencies that occurred at Banco Espanol de Credito (Banesto), S.A. between 2007 and 2011. Santander is the universal successor for Banesto.
Technical | Effectiveness |
---|---|
Compliant : 28 | High : 1 |
Largely Compliant : 10 | Substantial : 9 |
Partially Compliant : 2 | Moderate : 1 |
Non-Compliant : 0 | Low : 0 |
Spain's technical compliance was re-rated in a March 20, 2018 follow-up report. FATF re-rated the effectiveness of Spain's AML/CTF framework in a Dec. 4, 2019 follow-up assessment.
Rank : 129/141 |
Score : 3.66/10 |
Rank : 30/180 |
Score : 62/100 |
Rank : 66/133 |
Score : 44/100 |