Anti-Financial Crime & Financial Crime Compliance
Leadership | Insight | Network


FCA fines investment firm TJM £2M for anti-money laundering failures

By Elizabeth Hearst for AMLi

The UK’s Financial Conduct Authority has hit an investment firm with a £2M fine for anti-money laundering failures. 

TJM Partnership Limited, which is now in liquidation, was fined £2,038,700 for “failing to ensure it had effective systems and controls to identify and reduce the risk of financial crime and money laundering in its business.”

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!