Car House Veículos Ltda., and Fábio Grundling Teixeira

The Conselho de Controle de Atividades Financeiras (Coaf) has ruled against Car House Veículos Ltda. and Fábio Grundling Teixeira, imposing penalties for non-compliance with anti-money laundering regulations. The infractions include failure to identify and maintain client information, register transactions, and report suspicious operations. The Coaf ordered fines totaling R$1,275,341.42 for the company and R$250,000 for the individual, emphasizing the importance of implementing effective policies and procedures to prevent future non-compliance.