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Latvia's financial supervisor imposed a record €5.9 million fine on Rietumu Banka for failing to adequately vet clients and monitor transactions, ACAMS moneylaundering.com reported. More Germany's financial intelligence unit received a detailed suspicious activity report on Wirecard in 2019 but did not investigate the transactions in question until after the payment processor collapsed last year, Bayerischer Rundfunk reported. More British lawmakers proposed lifting anti-money laundering obligations on third-party providers of account-information and payment-initiation services, JD Supra reported. More and More U.S. regulators called on banks to abide by all existing AML rules when dealing with cryptocurrency firms as clients or...