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The Guernsey Financial Services Commission announced the imposition of a financial penalty of £140,000 against the St. Peter Port, Guernsey-based financial institution for failure to comply with suspicious transaction reporting, risk management and other anti-money laundering requirements.
The Guernsey Financial Services Commission imposed financial penalties on the Guernsey-based firm and five current and former directors for failing to comply with applicable anti money laundering and counterterrorist financing regulations.
| Technical | Effectiveness |
|---|---|
| Compliant : 25 | High : |
| Largely Compliant : 22 | Substantial : |
| Partially Compliant : 2 | Moderate : |
| Non-Compliant : 0 | Low : |
| Rank : N/A |
| Score : N/A |
| Rank : N/A |
| Score : N/A |
| Rank : 11/133 |
| Score : 71/100 |