Monday, October 26, 2020

Latvia fines LPB Bank over anti-money laundering breaches

Latvia fines LPB Bank over anti-money laundering breaches 1
By Olaalpha

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Latvia fines LPB Bank over anti-money laundering breaches 2

Latvia’s banking watchdog said on Friday it had fined LPB Bank, the fifteenth largest bank in the country by assets, 2.2 million euros ($2.53 million) for breaching anti-money laundering and terrorism financing (AML/CFT) rules. The regulator also ordered LPB Bank, which focuses on servicing […]

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