Tiger Brokers to pay $900,000 penalty for multiple AML/CFT Act breaches
Tiger Brokers to pay $900,000 penalty for multiple AML/CFT Act breaches
The Auckland High Court has ordered Tiger Brokers (NZ) Limited to pay $900,000 for breaching the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act 2009 (the Act), in proceedings brought by the Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko.
在金融市场管理局(FMA)——Te Mana Tātai Hokohoko提起的诉讼中,奥克兰高等法院已下令老虎经纪人(新西兰)有限公司因违反2009年《反洗钱和打击资助恐怖主义法》(以下简称 “该法”)支付90万美元。
The FMA case rested on four causes of action, that Tiger Brokers has admitted to, including:
FMA案基于老虎经纪公司承认的四个诉讼理由,包括:
Failing to conduct customer due diligence (including standard, enhanced and additional customer due diligence on certain clients)
Failing to terminate an existing business relationship with any customer where it was unable to conduct customer due diligence
Failing to report suspicious activities; and
Failing to keep records in accordance with the Act’s requirements.
未能对客户进行尽职调查(包括对某些客户进行标准的、增强的和额外的客户尽职调查)
在无法进行客户尽职调查的情况下,未能终止与任何客户的现有业务关系
未举报可疑活动;以及
未按照该法的要求保存记录。
The effect of Tiger’s breaches was that, between April 2019 and January 2020, approximately $NZD60.8m was transacted through New Zealand’s financial system without proper checks and controls in place. Tiger’s customer due diligence and record-keeping breaches were of greatest magnitude – the former extended to a least 3,768 customers.
老虎违规行为的影响是,在2019年4月至2020年1月期间,在没有适当检查和控制的情况下,通过新西兰的金融系统进行了约6,080万新西兰元的交易。老虎的客户尽职调查和记录保存违规行为最严重——前者延伸到至少3,768名客户。
The record-keeping breaches were representative of Tiger’s weak compliance approach across its business which, in the 2019-2020 AML/CFT reporting year, comprised between 69,705 and 126,230 customers and transactions to a gross total value of between $3.6 billion and $35.2 billion.
记录保存的违规行为代表了老虎在整个业务中的软弱合规性,在2019-2020年,AML/CFT报告年度,该业务包括69,705至126,230名客户和交易,总价值在36亿至352亿美元之间。
The FMA investigation into these breaches commenced following a formal warning issued to Tiger Brokers in April 2020.
联邦紧急事务管理局对这些违规行为的调查是在以下事件之后开始的 向老虎经纪公司发出正式警告 在 2020 年 4 月。
In his judgment, Justice Gault said: “Part 2 of the Act plays an important role in New Zealand’s regulatory landscape. Its purposes are to detect and deter money laundering and the financing of terrorism; maintain and enhance New Zealand’s international reputation; and to contribute to public confidence in the financial system.”
高特法官在判决中说:“该法案的第二部分在新西兰的监管格局中起着重要作用。其目的是侦查和制止洗钱和资助恐怖主义的行为;维护和提高新西兰的国际声誉;增强公众对金融体系的信心。”
Margot Gatland, FMA Head of Enforcement, said: “The judgment reinforces the importance of these laws in maintaining the integrity of New Zealand’s financial markets; non-compliance is a serious matter. The court found Tiger Brokers failed to appropriately vet customers, respond to activities that should have raised concerns, and maintain records in the manner required by the Act. These are all core obligations for an AML/CFT-reporting entity.
联邦金融管理局执法主管玛格特·加特兰说:“该判决强化了这些法律在维护新西兰金融市场完整性方面的重要性;违规是一个严重的问题。法院认定,Tiger Brokers未能适当审查客户,对本应引起担忧的活动做出回应,也没有按照该法案要求的方式保存记录。这些都是反洗钱/打击资助恐怖主义举报实体的核心义务。
“This case demonstrates that the FMA can and will use a wide range of tools to deal with a firm’s approach to compliance, both to stop immediate harm continuing, and where the misconduct is serious, take stronger enforcement action through the courts.
“该案表明,FMA可以而且将会使用各种工具来处理公司的合规方针,既可以阻止直接伤害的继续,也可以在不当行为严重的情况下,通过法院采取更强有力的执法行动。
“A failure to keep records, as required by the AML/CFT Act, severely hampers the FMA’s ability to monitor compliance and ensure the regime is effective. New Zealand-based AML/CFT reporting entities cannot outsource compliance obligations to third parties or rely on parent companies overseas without ensuring that they meet compliance obligations under New Zealand law.”
“未能按照《反洗钱/打击资助恐怖主义法》的要求保存记录,严重阻碍了联邦金融管理局监督合规情况和确保该制度有效的能力。总部位于新西兰的反洗钱/打击资助恐怖主义举报实体如果不确保履行新西兰法律规定的合规义务,就不能将合规义务外包给第三方或依赖海外母公司。”
Tiger Brokers is the New Zealand-based subsidiary of Tiger Fintech (Singapore) PTE Limited and provides share brokering services through an online trading platform, Tiger Trade.
Tiger Brokers是Tiger Fintech(新加坡)私人有限公司在新西兰的子公司,通过在线交易平台Tiger Trade提供股票经纪服务。