{"id":460,"date":"2019-07-04T08:29:17","date_gmt":"2019-07-04T12:29:17","guid":{"rendered":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/?p=460"},"modified":"2024-02-22T08:32:22","modified_gmt":"2024-02-22T12:32:22","slug":"luxembourg-regulator-imposes-fines-for-sanctions-screening-failures","status":"publish","type":"post","link":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/2019\/07\/04\/luxembourg-regulator-imposes-fines-for-sanctions-screening-failures\/","title":{"rendered":"Luxembourg &#8211; regulator imposes fines for sanctions screening failures"},"content":{"rendered":"<p>The Luxembourg financial services regulator, the CSSF,\u00a0<a href=\"https:\/\/www.cssf.lu\/wp-content\/uploads\/S_22_B_Banque_Puilaetco_Dewaay_090919.pdf\">has today<\/a> fined Banque Puilaetco Dewaay Luxembourg SA \u20ac15,000 for AML and sanctions compliance failings.<\/p>\n<p>The penalty notice noted that the failing was &#8220;a temporary deficiency of the ongoing screening system of the client database against sanction lists&#8221;, and noted that the deficiency had since been remediated.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Luxembourg financial services regulator, the CSSF,\u00a0has today fined Banque Puilaetco Dewaay Luxembourg SA \u20ac15,000 for AML and sanctions compliance failings. The penalty notice noted that the failing was &#8220;a temporary deficiency of the ongoing screening system of the client database against sanction lists&#8221;, and noted that the deficiency had since been remediated.<\/p>\n","protected":false},"author":656,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74,71],"tags":[20,12,84],"ppma_author":[7],"class_list":["post-460","post","type-post","status-publish","format-standard","hentry","category-74","category-financial-services","tag-financial-sanctions","tag-fine","tag-luxembourg"],"authors":[{"term_id":7,"user_id":656,"is_guest":0,"slug":"mhandley","display_name":"Mark Handley","avatar_url":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-content\/uploads\/sites\/65\/2023\/09\/handleymark-100x100.jpg","0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/posts\/460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/users\/656"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/comments?post=460"}],"version-history":[{"count":0,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/posts\/460\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/media?parent=460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/categories?post=460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/tags?post=460"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/blogs.duanemorris.com\/europeansanctionsenforcement\/wp-json\/wp\/v2\/ppma_author?post=460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}