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FIN-FSA fines two Finnish companies for AML failures

A 50 Euro note, a 20 Euro note, a 10 Euro note and a 5 Euro note are spread out like a fan on a table
Photo: Alex Gottschalk/Getty Images

Two money remittance service provides have both failed to comply with the Act on the Prevention of Money Laundering and Terrorist Financing.

Money remittance service providers Roble Services Oy and Alami Services Oy have both been fined by the Finnish Financial Supervisory Authority (FIN-FSA) for failing to comply with AML regulation.

Roble Services Oy was fined €25,000 ($27,175) for failing to set up an adequate risk assessment, and for not properly assessing

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