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Intertrust Corporate Services (BVI) Limited

 
Action Date:
Wednesday, 26 August, 2015
Category:
Enforcement Action:
Enforcement Summary:
An administrative penalty in the amount of $15,000.00 was imposed on Intertrust Corporate Services (BVI) Limited for its contraventions of the following sections of the Anti-Money Laundering and Terrorist Financing Code of Practice, 2008: a) section 19(2), 19(3)(d), 19(4), 19(5), 24, 25, 27 and 28 for failing to properly engage in or undertake customer due diligence, or additional customer due diligence in the case of a trustee of a trust or a legal person; b) section 20(2) and 20(4) for failing to engage in proper enhanced customer due diligence; and c) section 21(1), (2) and (4) for failing to review and keep up to date customer due diligence information in the required manner.
Matter ID:
BF101113/263