HM Treasury’s Office of Financial Sanctions Implementation released a notice detailing the addition of one individual to the consolidated list under the Somalia (Sanctions) (EU Exit) Regulations 2020.
HM Treasury’s Office of Financial Sanctions Implementation issued a notice concerning amendments made to the consolidated list entries of two individuals designated under the Russia (Sanctions) (EU Exit) Regulations 2019.
FinCEN ties blacklisted cryptocurrency platform to Binance, German judge criticizes Wirecard auditor, and more, in the weekly roundup.
U.K. pledges tougher AML enforcement, London law firms under scrutiny for Kremlin ties, and more, in the weekly roundup.
The Cayman Islands Monetary Authority issued administrative fines totaling CI$116,680 on the George Town-based financial institution for breaching various requirements under the Anti-Money Laundering Regulations.
The Cayman Islands Monetary Authority issued an administrative fine of CI$299,050 against the George Town-based financial institution for breaching the requirements of the Anti-Money Laundering Regulations, including failing to identify ultimate beneficial ownership.
Technical | Effectiveness |
---|---|
Compliant : 22 | High : 0 |
Largely Compliant : 18 | Substantial : 0 |
Partially Compliant : 0 | Moderate : 6 |
Non-Compliant : 0 | Low : 5 |
The Cayman Islands' technical compliance was re-rated in a Oct. 20, 2021 follow-up report.
Rank : 105/110 |
Score : 7.64/10 |
Rank : N/A |
Score : N/A |
Rank : 1/133 |
Score : 76/100 |