Summary:
Monaco’s own financial regulatory body has reprimanded Julius Baer Group for failing to control the activities of one of its bankers.
Full Story:
Monaco’s financial regulatory body, the Commission de Control des Activities Financieres, has criticized Julius Baer Group’s local operation for its failure to properly control the activities of a banker. The criticism comes after ten transactions were conducted on behalf of an unidentified client. The total amount involved has not been disclosed.
Source:
news.mc
