Tag Archives: Ireland

CBOI Fines IA for Privacy, AML

On Jun. 15, CBOI fined I/A €443k for exposure to cyber-fraud.   Appian Asset Management breached client asset, AML, and fitness, probity rules. Alleged Violations The firm’s historic regulatory failures left it exposed to cyber-fraud by third party. Acting on instructions of fraudster impersonating client, it facilitated transactions. Over two-month period no one at Appian…
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