Former EU minister’s €20 million transactions scrutinised by the FIAU

Almost €20 million in transactions by a former minister “in an EU jurisdiction” raised red flags during checks by the FIAU at a local corporate service provider.Integritas Consulting was fined €66,000 by the regulator for its “reckless disregard” of the numerous red flags present in certain business relationships.Its inadequate transaction monitoring could have led to...