GuernseyGuernsey’s Financial Services Commission advised regulated entities of new designations added to the jurisdiction’s Russia sanctions regime.
Guernsey’s Financial Services Commission announced the designation of eight individuals and two entities under the jurisdiction’s Russia sanctions regime.
US officials support adding Malta to global gray list, U.S. investigators track suspicious cryptocurrency payments, and more, in the midweek roundup.
Denmark drops charges against former Danske Bank managers, Lithuanian lenders escape U.S. probe into money laundering in the Baltics, and more, in the weekly roundup.
The Financial Services Commission of Guernsey imposed separate financial penalties on the Guernsey-based financial institution and five of its directors for failing to monitor and manage financial crime risks associated with its customers.
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.
| 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 |