The conferences will be held between September and November

Almost half of all fines valued over €100,000 were appealed

The firm was also issued a follow-up directive

This is the third time the Constitutional Court ruled against the FIAU in four months

The firm was fined €279,756 for breaching anti-money laundering rules

The Constitutional Court found the FIAU's ability to conduct investigations and issue fines unconstitutional

The entity had outgrown its previous premises

The courts had declared that the FIAU can not act as judge, jury and executioner

The FIAU also issued the casino a follow-up directive

The bank decided not to appeal the directive, citing that the compliance exam helped it improve

The FIAU responded positively to the bank's approach in identifying and addressing its own shortcomings

However, the total sum of the penalties imposed is lower than it was in 2021

The bank failed to properly understand ML/FT risks when it came to complex client structures

The FIAU intends to follow up with the company to ensure it is compliant with its obligations

Organisation reveals mixed progress in sectors such as iGaming