EAST ASIA CORPORATE SERVICES (B.V.I.) LIMITED

Administrative penalties in the amount of $20,000.00 was imposed on EAST ASIA CORPORATE SERVICES (B.V.I.) LIMITED, pursuant to schedule 4 of the Anti-money Laundering and Terrorist Financing Code of Practice, 2008 (AMLTF Code), for its contravention of the following sections of the AMLTF Code:- Section 19(2) - Requirements of customer due diligence. Section 20 - Requirements of enhanced customer due diligence. Section 21 - Updating customer due diligence information. Section 31 - Written introductions.