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Bank closes Jersey branch after £475,000 fine
THE Jersey branch of a global bank is closing down its business and leaving the Island after being fined £475,000 for breaching the Proceeds of Crime (Jersey) Law. In February, Abu Dhabi Commercial Bank PJSC Jersey Branch admitted failing to comply with counter-terror and anti-money-laundering regulations relating to two customers…
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Click here to read the full story: Jersey Evening Post