Decisions Decoded: Key takeaways from the latest AML enforcement decision

In this episode, they discuss the recent AML enforcement case against ADM Investor Services International Limited. They highlight key aspects of the decision, including AML issues, account opening failings, and inadequacy of the MLRO report. They also explore how the AML failings were discovered and the use of interventionist supervision. Additionally, they discuss the penalty process in the partly contested case and the determination of the final fine.