Money Laundering Bulletin
Latvia fines AS ‘Rietumu Banka’ €5.85m for catalogue of AML breaches
The Financial and Capital Market Commission (FCMC), Latvia's regulator, on 15 June [2021], fined AS ‘Rietumu Banka’ €5.85m
for a slew of failings in its controls around anti-money laundering and counter-terrorist and proliferation financing (AML/CTFP).
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