Secondary Menu

You are here

COVERDALE TRUST SERVICES LIMITED

 
Action Date:
Friday, 21 August, 2015
Category:
Enforcement Action:
Enforcement Summary:
An administrative penalty in the amount of $10,000.00 was imposed on COVERDALE TRUST SERVICES LIMITED for its contraventions of the following sections of the Anti-Money Laundering and Terrorist Financing Code of Practice, 2008: a) section 20(2) and 20(4) for failing to engage in proper enhanced customer due diligence; and b) section 21(1) and (2) for failing to review and keep up to date customer due diligence information in the required manner.
Matter ID:
BF101113/264