FINMA, the Swiss Financial Market Supervistory Authority, has identified deficiencies in AML proceesses at Credit Suisse, and initiated two enforcement procedures. The deficiencies:
(1) AML shortcomings in accounts involving FIFA, Petrobras and PdVSA.
(2) Deficiencies regarding a significant Politically Exposed Person, or PEP.
Readers who wish to review the complete text of the FINMA press release, may access it here.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.