- Lombard Intl hit with record €1. 68 mln fine over AML flaws
Luxembourg’s Commissariat aux Assurances (CAA) slapped Lombard International Assurance with a record 1 68 million euro fine for lapses in its anti-money laundering (AML) and counter-terrorism financing (CTF) controls This enforcement action underscores the regulator’s stringent stance on compliance in the financial sector
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