Enforcement Action

Enforcement Action: Warning Letter
Name of Entity: Amicorp B.V.I. Limited
Date of Action: 17/12/2014

A warning was issued to Amicorp B.V.I. Limited for its contravention of section 22(1) of the Anti-Money Laundering and Terrorist Financing Code of Practice, 2008 for failing to have appropriate risk-based policies, processes and procedures for determining whether an applicant for business or a customer is a politically exposed person.