Anti-Money Laundering

Island havens accused of ‘defying the will of parliament’ after failing to initiate corporate transparency measures

Reuters) -The Brussels Public Prosecutor's office said on Friday it had opened an investigation into potential money laundering activities at the Belgian unit of French payments processor Worldline. 

Singapore ramped up crypto exchange regulations Monday in a bid to curb money laundering and boost market confidence after a series of high-profile scandals rattled the sector. Singapore, a major Asian financial hub, has taken a hit to its reputation after several high-profile recent cases dented trust in the emerging crypto sector.

A German financial watchdog has reportedly recorded a record number of crypto-related suspicious activity reports. Notifications from banks and financial

“Regulation 2019/880 places additional burdens on the art market in the form of extra paperwork and time,” art lawyer Leila A. Amineddoleh told Observer.

Switzerland to introduce register of beneficial owners of shell companies to combat money laundering.

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How to carry out checks on your business and customers, and what records you must keep to prevent money laundering.

India Business News: MUMBAI: The RBI has proposed changes to its master direction on 'know your customer' norms-rules aimed at preventing money laundering-that will ease c.

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Over the past six months, three of South Africa’s major banks have been sanctioned by the SARB, resulting in millions of rands in fines. 

India Business News: Indian authorities are investigating around 20 export houses suspected of laundering money to Pakistan via the UAE. The Financial Intelligence Unit (F

A review by researchers at Tongji University and the University of Technology Sydney published in Frontiers of Computer Science, highlights the powerful role of graph neural networks (GNNs) in exposing financial fraud.

Editors' Note: Samantha May discusses the "undocumented and unseen violence" that can be brought on by the regulation of Muslim charities as part of the "Financial War on Terror," based on her 2021 book, Islamic Charity: How Charity Became Seen as a Threat to National Security (Bloombsury 2021). The year 2026 will mark a quarter of…

For the U.K. to be an attractive crypto jurisdiction it will need to close the gap with other regimes to deliver cooperative agreements to drive growth in digital assets.

Maintain financial transparency and mitigate risks with an effective BSA AML compliance system that adheres to regulations. Read on for its working frameworks.

German authorities have dismantled a cryptocurrency swap service accused of facilitating large-scale money laundering, according to a statement from the German Federal Criminal Police Office (BKA). The operation was carried out in close cooperation with the Dutch Fiscal Information and Investigation Service (FIOD). Digital assets worth 34 million euros were seized during the investigation.

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Spooniker has been fined SEK10 million ($1.03m) by Spelinspektionen, the Swedish regulator, over a failure to respond to previously notified AML Spooniker has been fined SEK10 million ($1.03m) by Spelinspektionen, the Swedish regulator, over a failure to respond to previously notified AML failures.

The Treasury Department is moving to cut off Huione Group, a Cambodian conglomerate, from the U.S. financial system, saying the firm and its multiple entities laundered billions of dollars for North Korea's Lazarus Group and criminal gangs running pig-butchering scams from Southeast Asia.

The European Union is set to implement stringent anti-money laundering regulations starting in 2027, effectively banning anonymous cryptocurrencies like Monero…

British Virgin Islands criticised for launching financial crime-fighting cartoon mascot before new legislation