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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 |