FIAU appeals landmark ruling that found its powers unconstitutional
The Constitutional Court found the FIAU's ability to conduct investigations and issue fines unconstitutional
FIAU moves to new offices at Trident Park
The entity had outgrown its previous premises
Government mulling next steps following landmark FIAU judgement finding its penalties unconstitutional
The courts had declared that the FIAU can not act as judge, jury and executioner
Local casino hit by €226,902 FIAU fine for breach in anti-money laundering rules
The FIAU also issued the casino a follow-up directive
FIAU issues €228,706 fine on local bank for breaching anti-money laundering rules
The bank decided not to appeal the directive, citing that the compliance exam helped it improve
FIAU slaps local bank with €189,274 fine for breach in AML rules
The FIAU responded positively to the bank's approach in identifying and addressing its own shortcomings
FIAU issues record number of fines in 2022
However, the total sum of the penalties imposed is lower than it was in 2021
Bank fined €310,217 by FIAU for breaching AML rules
The bank failed to properly understand ML/FT risks when it came to complex client structures
FIAU slaps €226,902 fine on investment services firm for breach in anti-money laundering rules
The FIAU intends to follow up with the company to ensure it is compliant with its obligations
FIAU ‘pleased to note more commitment to implement effective AML/CFT procedures’
Organisation reveals mixed progress in sectors such as iGaming
FIAU lays out best practices for mandatory Business Risk Assessments
The FIAU identifies a number of common shortcomings in Business Risk Assessments
FIAU’s €3.5 million Satabank fine reduced to €851,000 on appeal
The FIAU had imposed the penalty for the bank's 'serious, repeated and systemic breaches' of the Prevention of Money Laundering ...
FIAU appeals landmark ruling that found its powers unconstitutional
The Constitutional Court found the FIAU's ability to conduct investigations and issue fines unconstitutional
FIAU moves to new offices at Trident Park
The entity had outgrown its previous premises
Government mulling next steps following landmark FIAU judgement finding its penalties unconstitutional
The courts had declared that the FIAU can not act as judge, jury and executioner
Local casino hit by €226,902 FIAU fine for breach in anti-money laundering rules
The FIAU also issued the casino a follow-up directive
FIAU issues €228,706 fine on local bank for breaching anti-money laundering rules
The bank decided not to appeal the directive, citing that the compliance exam helped it improve
FIAU slaps local bank with €189,274 fine for breach in AML rules
The FIAU responded positively to the bank's approach in identifying and addressing its own shortcomings
FIAU issues record number of fines in 2022
However, the total sum of the penalties imposed is lower than it was in 2021
Bank fined €310,217 by FIAU for breaching AML rules
The bank failed to properly understand ML/FT risks when it came to complex client structures
FIAU slaps €226,902 fine on investment services firm for breach in anti-money laundering rules
The FIAU intends to follow up with the company to ensure it is compliant with its obligations
FIAU ‘pleased to note more commitment to implement effective AML/CFT procedures’
Organisation reveals mixed progress in sectors such as iGaming
FIAU lays out best practices for mandatory Business Risk Assessments
The FIAU identifies a number of common shortcomings in Business Risk Assessments
FIAU’s €3.5 million Satabank fine reduced to €851,000 on appeal
The FIAU had imposed the penalty for the bank's 'serious, repeated and systemic breaches' of the Prevention of Money Laundering ...