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UKGC publishes IMME investigation findings on suitability and money laundering failures
By SectorWire desk · · Updated
Summary
The UKGC published findings from its investigation into IMME on 22 December 2021, identifying suitability, social responsibility and money laundering failures. The regulator said it had suspended IMME's operating licence before investigating and found that the business had failed to consider potential vulnerabilities among its predominantly older customers.
Why it matters
Operators serving older customers can learn from IMME's failures to consider potential vulnerabilities alongside suitability and money laundering failures.