An Island accountant has been hit with a penalty of more than £2,300 over failures to follow money-laundering measures.
The Financial Services Authority says it's imposed a civil penalty on Edwin Fryer after an inspection last year.
The FSA says it found systemic and longstanding breaches of its anti-money laundering code over a number of years.
It imposed a £2,640 penalty, reduced to £2,376 after he cooperated with the investigation.
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