GibraltarThe Gibraltar Financial Intelligence Unit published a report detailing key statistics surrounding the filing of suspicious activity reports in the jurisdiction, highlighting that the reporting of suspicious activity is a cornerstone of anti-money laundering and counterterrorist financing.
The Financial Intelligence Unit of Gibraltar published a sector typologies report focusing on trends and insights through a detailed analysis of suspicious activity reports it received between January 2018 and December 2020.
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The Office of Fair Trading of Gibraltar issued a £5,000 financial penalty against a local real estate agent for failing to submit documents as part of the agent’s anti-money laundering and counterterrorist financing obligations.
The Gibraltar Financial Services Commission entered into a regulatory settlement with the Gibraltar-based company and Brent Almeida, John Racine and Colin Piri for deficiencies in its anti-money laundering program that occurred from Jan. 1, 2017 to May 2018.
| Technical | Effectiveness |
|---|---|
| Compliant : 15 | High : 0 |
| Largely Compliant : 15 | Substantial : 1 |
| Partially Compliant : 10 | Moderate : 7 |
| Non-Compliant : 0 | Low : 3 |
| Rank : N/A |
| Score : N/A |
| Rank : N/A |
| Score : N/A |
| Rank : 30/133 |
| Score : 69/100 |