Estonia’s Financial Supervision Authority (FSA) has imposed a €900,000 fine on LHV Pank for anti-money laundering and counter-terrorism financing (AML/CFT) shortcomings. The FSA identified deficiencies in LHV’s establishment and monitoring of business relations, as well as data storage obligations. In addition to the fine, the FSA has ordered LHV to improve its AML/CFT risk control systems. The authority cited LHV’s rapid growth in a high-risk environment as contributing to the deficiencies and violations. LHV Pank is said to be cooperating and taking measures to address the issues, with the FSA closely monitoring the process.
By FCCT Editorial Team
, an independent military force, and allied militias in Sudan raped several dozen women and girls in West Darfur’s capital, El Geneina, and those fleeing to Chad between late April and late June 2023, Human Rights Watch said today. The assailants appear to have targeted people because of their Massalit ethnicity and, in some cases, because they were known activists.){kind=link}