The Central Bank is preparing to go after senior figures at financial firms who fail to develop and implement policies to combat money laundering, *The Sunday Business Post* has learned*.*
Directors and top managers could face career-ending sanctions, including fines and fitness and probity restrictions, if they do not get up to speed with the Central Bank's enforcement priorities as supervisors step up efforts against money laundering, according to senior regulatory sources.
Last week's €65,000...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team