France's SocGen bank fined over anti-terror lapses
Societe Generale had been slow to release information to Tracfin, the economy ministry body that tracks the movement of money that could be used to finance terrorism
Paris - Al Maghrib Today
France's banking watchdog said Friday it had fined Societe Generale five million euros ($5.8 million) over lapses in its measures to prevent money laundering that could finance terrorism.
The punishment was for a number of failings picked up during regular checks carried out in 2015, said the ACPR, the bank and insurance supervisory body.
Societe Generale had been slow to release information to Tracfin, the economy ministry body that tracks the movement of money that could be used to finance terrorism.
In addition, some operations which should have been brought to Tracfin's attention had not been, and these were significant lapses given the bank's size, the agency added.
In June the ACPR fined another French bank, BNP Paribas, 10 million euros for similar lapses.
The ACPR is the part of the Banque de France that is tasked with ensuring the stability of the nation's financial system.
Source: AFP
GMT 19:23 2018 Saturday ,06 January
Cyprus jails ex-CEO at top bank for market manipulationGMT 17:13 2017 Sunday ,31 December
German union steps up fight for 'modern' 28-hour weekGMT 18:31 2017 Saturday ,23 December
Ryanair faces first-ever pilot strike in GermanyGMT 17:02 2017 Wednesday ,20 December
Greek parliament approves 'final bailout' budgetGMT 09:27 2017 Friday ,15 December
Latest Monsanto GMO seeds raises worries of monopolyGMT 17:17 2017 Thursday ,14 December
Dutch to join Austria to fight German road toll planGMT 18:54 2017 Tuesday ,05 December
Venezuela creating digital currency amid financing crisisGMT 15:03 2017 Monday ,04 December
Venezuela to create digital currency amid financing crisis
Argentine peso starts to recover after two days of crashes
Buenos Aires - AFP
Argentina's peso began to recover on Friday as markets opened, making a tiny 0.68 percent gain after losing 20 percent of its value against the dollar over the previous twoTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
UEFA are set to wait until next season before introducing Video Assistant Referees (VAR) in the Champions League, although they are still not ruling out having it in this season's final, president Aleksander Ceferin said on Friday. Ceferin has soFor $11.6 bn
Sanofi buys US haemophilia treatment firm
Paris - Al Maghrib Today
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances itsParis show pays homage
To 'eternal style' of late Alaia
Paris - Al Maghrib Today
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led hisGMT 09:22 2018 Monday ,22 January
Skincare PR Performance Full Year 2017GMT 11:03 2018 Wednesday ,24 January
New hunt for flight MH370 gets under wayGMT 10:57 2017 Thursday ,21 December
Modern colorful bedroom renovationGMT 13:56 2018 Tuesday ,23 January
Puigdemont candidate for Catalan presidentGMT 10:47 2018 Wednesday ,24 January
Turkey detains dozens moreGMT 10:46 2018 Tuesday ,16 January
The Rake announces editorial updatesGMT 11:51 2018 Tuesday ,23 January
Europe brings on charm and blue skiesGMT 10:46 2017 Tuesday ,19 December
For the Variety of Interior Design StylesGMT 13:44 2018 Monday ,22 January
US Christian tourists see deep meaningGMT 10:03 2018 Tuesday ,23 January
Amazon to open first cashierless shop
GMT 11:45 2017 Tuesday ,25 April
Ajib revokes request to free Bahij Abu Hamze
GMT 13:03 2018 Saturday ,20 January
Booby-trapped messaging apps usedGMT 17:41 2011 Saturday ,14 May
Iran eye-for-an-eye acid punishment \'postponed\'
GMT 20:35 2016 Tuesday ,27 December
Electricity minister appoints Hassan Mahmoud Hassanein as NPPA headGMT 12:21 2012 Wednesday ,13 June
UAE dining gets high-tech with iPads
GMT 12:59 2017 Saturday ,08 April
Scarlett Johansson: Ivanka Trump ‘baffles me’
GMT 11:03 2017 Thursday ,19 January
Cars modified for drifting seized by Royal Oman Police
GMT 19:40 2017 Sunday ,27 August
Tillerson says Trump ‘speaks for himself’ on racial violence
GMT 18:41 2018 Sunday ,21 January
Jordan urges Pence to rebuild trust after Jerusalem pivot
GMT 08:33 2017 Friday ,22 September
Kim vows to make Trump 'pay dearly' for threatening N KoreaGMT 16:28 2011 Tuesday ,29 March
US author fights back in Gandhi \'gay lover\' row
GMT 08:14 2016 Wednesday ,28 December
Turkey: No confirmation of Daesh'burned soldiers' claim
GMT 21:09 2015 Monday ,24 August
400 Emirati students engage in YES to Work initiativeGMT 08:52 2011 Sunday ,12 June
S. Korea\'s Pororo penguin takes flight worldwide
GMT 05:22 2013 Wednesday ,04 September
L\'Enclume named top UK restaurantGMT 01:10 2012 Tuesday ,10 April
Teachers demand \'mass resistance\' campaign in pay rowGMT 05:33 2012 Tuesday ,10 July
Nancy Ajram: I\'m not bitter about minister\'s commentsGMT 06:08 2012 Thursday ,06 December
Satellites create US drought maps
GMT 16:59 2013 Tuesday ,25 June
Bali\'s beautiful COMO Shambala EstateGMT 15:54 2012 Thursday ,13 December
Mixed views among Egyptian economists about upcoming referendum
GMT 18:48 2016 Monday ,31 October
Turkey sacks 10,000 more civil servants, shuts media in latest crackdownGMT 00:07 2012 Wednesday ,12 September
One killed as mob attacks US consulate in Libya\'s BenghaziGMT 09:02 2011 Monday ,10 October
Egypt\'s cabinet to hold emergency meeting over latest clashesGMT 20:17 2013 Thursday ,04 April
Israeli forces tell Yatta man to demolish wells
GMT 17:02 2012 Saturday ,08 September
Capello: I want to maintain Russia's spirit and style
GMT 08:28 2017 Monday ,06 March
Carlos Tevez scores on Chinese Super League debut
GMT 13:46 2017 Monday ,10 April
Official stressed improvement of tourist movement
GMT 11:17 2017 Monday ,13 March
Manchester City dream big as Leicester wrestle Sevilla
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor