The Financial Supervisory Authority in Finland published its 2023 supervision strategy for anti-money laundering, counterterrorist financing, and compliance with financial sanctions.
The Ministry for Foreign Affairs in Finland authorized the shipment of fertilizers to be released after it was frozen under suspicion of ties to a sanctioned individual.
Roman Abramovich held more than $1.4 billion at Credit Suisse, Celsius allegedly misused customer funds for years, and more, in the midweek roundup.
Midweek Roundup: Crypto Firms Drive European Surge in STRs, US Charges Chinese Spies, and More
Germany creates sanctions unit, Singapore introduces crypto measures, and more, in the midweek roundup
The Finnish Financial Supervisory Authority decided to withdraw the registration of the Helsinki, Finland-based money remittance service provider for failing to rectify anti-money laundering and counterterrorist financing shortcomings.
The Finnish Financial Supervisory Authority imposed a €25,000 fine on the Helsinki, Finland-based money remittance service provider for failing to comply with various obligations under the regulations on preventing money laundering and terrorist financing.
Technical | Effectiveness |
---|---|
Compliant : 9 | High : 1 |
Largely Compliant : 24 | Substantial : 3 |
Partially Compliant : 7 | Moderate : 6 |
Non-Compliant : 0 | Low : 1 |
Finland's technical compliance was re-rated in a Oct. 4, 2022 follow-up report.
Rank : 2/110 |
Score : 3.06/10 |
Rank : 3/179 |
Score : 85/100 |
Rank : 87/133 |
Score : 52/100 |