The Financial Intelligence Analysis Unit (FIAU) has published an Enforcement Factsheet, which is an informative document containing findings and conclusions derived from an analysis of the enforcement actions undertaken by the FIAU in 2019 and 2020.
The purpose of this document is to highlight AML/CFT compliance trends and provide even more insight into the FIAU’s expectations.
This document was drawn up by the FIAU’s Enforcement Section, and together with the recently published document on the Business Risk Assessment serves to assist subject persons in further enhancing their levels of compliance with AML/CFT obligations.