The Commissariat Aux Assurances issued a notice to regulated entities concerning the Financial Action Task Force’s latest statements.
The Organisation for Economic Cooperation and Development released a phase four report on Luxembourg’s implementation of anti-bribery measures.
Midweek Roundup: Binance Founder Faces Jail Time, Chinese Banks in US Crosshairs, and More
U.S. foreign aid bill empowers FinCEN, SEC seeks $5 billion from Terraform Labs, and more, in the midweek roundup.
OFAC blacklists Iranian procurement network, AML breaches cost Spanish bank, and more, in the weekly roundup.
Midweek Roundup: FinCEN Delays Real Estate Plan, Money Mule Networks Targeted Ukrainians, and More
The Commission de Surveillance du Secteur Financier imposed a €785,000 administrative fine on the Luxembourg-based investment firm for failing to comply with anti-money laundering and counterterrorist financing obligations.
The Commission de Surveillance du Secteur Financier imposed a €114,000 administrative fine on the Luxembourg-based financial institution for failing to comply with anti-money laundering, counterterrorist financing, and conflicts of interest management requirements.
Technical | Effectiveness |
---|---|
Compliant : 28 | High : 0 |
Largely Compliant : 11 | Substantial : 5 |
Partially Compliant : 1 | Moderate : 6 |
Non-Compliant : 0 | Low : 0 |
Rank : 92/141 |
Score : 4.74/10 |
Rank : 9/179 |
Score : 80/100 |
Rank : 6/133 |
Score : 55/100 |