The Central Bank of Cyprus published its 2020 annual report highlighting the impact of the coronavirus pandemic on the regulator’s efforts to ensure financial stability and longevity.
Credit Suisse ignored red flags, Lithuanian payments processor under investigation, and more, in the midweek roundup.
Maltese FIU to shift from AML fines to remediation, Swedish gaming company challenges $175 million penalty, and more, in the midweek roundup.
The Cyprus Securities and Exchange Commission issued a board decision reaching an agreement with IQ Option Europe Ltd, under which the company agreed to pay €450,000 to settle possible violations of the Prevention and Suppression of Money Laundering Activities Law.
The Central Bank of Cyprus issued a monetary penalty against the Limassol, Cyprus-based bank for violations of the Prevention and Suppression of Money Laundering Activities Laws of 2007 to 2016 and the Prevention of Money Laundering and Terrorist Financing Directive, December 2013.
|Compliant : 16||High : 0|
|Largely Compliant : 21||Substantial : 3|
|Partially Compliant : 3||Moderate : 8|
|Non-Compliant : 0||Low : 0|
|Rank : 88/141|
|Score : 4.81/10|
|Rank : 41/180|
|Score : 58/100|
|Rank : 27/133|
|Score : 61/100|