Notice

Imposition of monetary penalty: Raphaels Bank

OFSI report of penalty for breach of financial sanctions – dealing with the funds of a designated person.

Documents

Imposition of monetary penalty: Raphaels Bank

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Details

Penalty imposed on R. Raphael & Sons plc trading as Raphaels Bank.

Raphaels Bank dealt with funds belonging to a designated person despite having access their passport details, which clearly identified the individual by name, date of birth and nationality.

Updates to this page

Published 25 February 2019

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