30 July 2024

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Monaco’s Financial Regulatory Body Rebukes Julius Baer Bank’s Inadequate Controls on 160 Million Euro Transactions

Summary: Monaco’s financial watchdog reprimands Julius Baer for lacking internal controls over client transactions. Full Story: Monaco’s financial regulatory body, the Commission de Controle des Activites Financieres, has reprimanded the local branch of Swiss bank Julius Baer Group Ltd. for its inadequate internal controls regarding 160 million euros in client transactions. The Commission discovered that […]

Monaco’s Financial Regulatory Body Rebukes Julius Baer Bank’s Inadequate Controls on 160 Million Euro Transactions Read More »

chatcmpl-9qTXgmPMS2Ab14U298FaFkebNyH9E

Monaco’s Financial Regulatory Body Rebukes Julius Baer Bank’s Inadequate Controls on 160 Million Euro Transactions

Summary: Monaco’s financial watchdog reprimands Julius Baer for lacking internal controls over client transactions. Full Story: Monaco’s financial regulatory body, the Commission de Controle des Activites Financieres, has reprimanded the local branch of Swiss bank Julius Baer Group Ltd. for its inadequate internal controls regarding 160 million euros in client transactions. The Commission discovered that

Monaco’s Financial Regulatory Body Rebukes Julius Baer Bank’s Inadequate Controls on 160 Million Euro Transactions Read More »

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