Secondary Menu

You are here

CR (BVI) LIMITED

 
Action Date:
Tuesday, 17 November, 2015
Category:
Enforcement Action:
Enforcement Summary:
An administrative penalty in the amount of $15,000.00 was imposed on CR (BVI) LIMITED for its contravention of the following sections of the Anti-Money Laundering and Terrorist Financing Code of Practice, 2008: a) section 19 for failing to engage in or undertake customer due diligence; b) section 21(1) and (2) for failing to review and keep up to date customer due diligence information in the required manner; and c) section 31(5) for failing to adequately ensure that an introducer reviews and maintains customer due diligence information as required.
Matter ID:
BF101113/274