Le jeudi 26 juin dernier, la Commission des sanctions de The ACPR has made public its decision to pronounce a reprimand and a financial penalty of 600,000 euros against the Delubac & Cie bank

The decision of the ACPR Commission first of all sanctions deficiencies affecting the automated system for monitoring the operations of customers. According to the information, this device did not take into account all the information necessary to detect their atypical transactions. According to the Commission, at the time of the audit, Bank Delubac also did not fully comply with its obligations in terms of processing time and analysing alerts. Also, some customer accounts were closed there for the reason “fight against blanchiment capital and the financing of terrorism” (LCB-FT) without the need to carry out a reinforced examination or to send a statement to Tracfin be systematically examined

The Commission recalled that the implementation of an effective system met “an essential requirement” and that as such, bodies subject to ACPR supervision were responsible for “an obligation of result”.