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Financial penalties and obligations arising from anti-money laundering legislation

The FSMA launches a series of animated films on the rules in the fight against money laundering and terrorist financing. These should support insurance intermediaries in the correct application of the anti-money laundering rules. Through a series of new animated films, the FSMA raises awareness among insurance intermediaries active in life insurance for the risks they face in money laundering and terrorist financing. This film explains what financial penalties are and what obligations arise from the detection of a person or entity to whom such sanctions apply.

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