Regulatory Alerts2026-02-01
Circular 05/LBC-FT/2026 on the Sanctions Matrix for Banking Law Establishments Under Regulation 02/2026
The financial regulator issued Circular 05/LBC-FT/2026 to establish a standardized sanctions matrix for all banking establishments subject to the national Banking Law. This framework mandates consistent penalty calculations and enforcement procedures aligned with Regulation 02/2026 on combating money laundering and terrorist financing. Institutions must integrate the matrix into their internal compliance systems to ensure uniform regulatory responses to identified breaches.
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