Latvia’s financial regulator has fined the Baltic International Bank (BIB) € 1.1 million (US$ 1.2 million) due to repeated violations of laws regarding money laundering, terrorist financing and customer due diligence, a news release by the regulator said today.
The Latvian Financial and Capital Market Commission (FKTK) said Thursday that the European Central Bank (ECB) has revoked Trasta Komercbanka’s license effective immediately.
You can't rely anymore on Facebook or Twitter to reach us. Email is still best.
And you won't miss anything!