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NEWS: Fintech Solaris threatened with further fines by German regulator BaFin over AML issues

Premium July 12, 2024
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NEWS: Thales, Europe’s largest defence technology company, faces bribery probe from UK’s SFO

BREAKING: UK sanctions trio of wealthy oligarchs in new campaign against dirty money

INSIGHT: Corporate secrecy ‘scourge’ in fight against fincrime, time for fully public BO registers, says Financial Times

By Paul O’Donoghue

Germany’s BaFin regulator BaFin has said it has threatened fast-growing fintech Solaris with further penalties if it fails to meet AML filing deadlines.

BaFin said Solaris has yet to fully remedied issues it was ordered to fix in 2022. The organisation also said that it has extended the mandate of an independent monitor it previously appointed for Solaris.

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Premium

NEWS: Thales, Europe’s largest defence technology company, faces bribery probe from UK’s SFO

BREAKING: UK sanctions trio of wealthy oligarchs in new campaign against dirty money

INSIGHT: Corporate secrecy ‘scourge’ in fight against fincrime, time for fully public BO registers, says Financial Times

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