Malta: Lombard Bank to contest ‘each and every’ FIAU finding which led to fine

cde.news desk 5 November 2020, 17:37 · 1 min read

Lombard Bank has insisted that a report which led the FIAU to fine it last month ‘in no way suggests the existence of a suspicion nor the presence of money laundering.’

Times of Malta reported on October 31 that the Financial Intelligence Analysis Unit (FIAU) had fined Lombard Bank €340,058 for breaches of anti-money laundering rules.

Source: Times of Malta

Updated 1735

Filed under Malta Headline

Topics FIAU finances lombard bank

Malta: Lombard Bank to contest ‘each and every’ FIAU finding which led to fine

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