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The Cayman Islands Monetary Authority imposed discretionary administrative fines totaling CI$250,000 against the George Town, Cayman Islands-based company for breaches of the Anti-Money Laundering Regulations.
The Cayman Islands Monetary Authority issued an administrative fine of C$14,232,607.50 against the Grand Cayman, Cayman Islands-based company for violations of sections 42A and 42B of the Anti-Money Laundering Regulations (2020 Revision).
|Compliant : 22||High : 0|
|Largely Compliant : 17||Substantial : 0|
|Partially Compliant : 1||Moderate : 6|
|Non-Compliant : 0||Low : 5|
The Cayman Islands' technical compliance was re-rated in a Feb. 19, 2021 follow-up report.
|Rank : 6/141|
|Score : 7.64/10|
|Rank : N/A|
|Score : N/A|
|Rank : 1/133|
|Score : 76/100|