KM Financial Solutions | UPDATE 1-EU watchdog backs proposal to withdraw Malta’s Pilatus Bank licence
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UPDATE 1-EU watchdog backs proposal to withdraw Malta’s Pilatus Bank licence

UPDATE 1-EU watchdog backs proposal to withdraw Malta’s Pilatus Bank licence

The Maltese financial
regulator’s decision to recommend the withdrawal of the banking
licence of Pilatus Bank due to the indictment of its chairman
for money laundering was “an appropriate step,” the European
Banking Authority said.

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