WebJun 23, 2024 · The Ghana International Bank (GHIB) says it has reached a settlement agreement with the UK’s Financial Conduct Authority (FCA) in its investigation into GHIB’s unsatisfactory anti-money laundering (AML) controls. The FCA had earlier fined the bank 5.8 million pounds after discovering some deficiencies in its anti-money laundering systems. WebAlso, FCA found that the Bank did not have adequate risk management systems. (June 2024) HK regulator imposes $25.2m fine on Guotai Junan Securities. Hong Kong's Securities and Futures Commission (SFC) imposed a $ 25.2 million fine on Guotai Junan Securities (Hong Kong) Limited for violations of anti-money laundering processes.
FCA Levies £5.8M Fine Against Ghana International Bank
WebJul 5, 2024 · According to the notice published on 23 June 2024, the FCA has decided to fine Ghana International Bank Plc (GIB) approximately £5.8 million for a number of … WebGet in touch by phone, via our online form, or by post: Financial Conduct Authority 12 Endeavour Square London E20 1JN crabtree inn lower beeding
Homepage - Ghana International Bank
WebJul 6, 2024 · Ghana International Bank (GIB) has been fined £5.8 million (US$6.9 million) by the UK’s Financial Conduct Authority (FCA) for poor anti-money laundering and counter financing of terrorism (AML/CFT) financing controls over its correspondent banking activities. WebJun 23, 2024 · LONDON, June 23 (Reuters) - Britain's Financial Conduct Authority (FCA) has fined Ghana International Bank (GHIB) 5.8 million pounds ($7.1 million) for failings … WebJun 23, 2024 · The Ghana International Bank (GHIB) says it has reached a settlement agreement with the UK’s Financial Conduct Authority (FCA) in its investigation into GHIB’s unsatisfactory anti-money laundering (AML) controls. The FCA had earlier fined the bank 5.8 million pounds after discovering some deficiencies in its anti-money laundering … crabtree juniors term dates