Anti-Money Laundering

The State Bank of Pakistan (SBP) has imposed penalties of Rs.350.7 million on six major commercial banks mainly for the violation of its rules and...

Large banks and credit card companies have shied away from the marijuana industry because cannabis is illegal at the federal level, forcing buyers to use cash.

Summary - In June 2023, the Financial Action Task Force (FATF) issued a report addressing the progress made by the UAE in improving its level of compliance with the FATF...

Policing minister says case of private bank Coutts closing Nigel Farage’s account is ‘not unique’...

A trio of partners at McDermott, Will & Emery explore recent anti-corruption developments in EU member nations.

Dragging every payment player within the ambit of the stringent anti-money-laundering Act will also make Indian payments sector unfriendly for business and complicate user experience.

Germany will set up a new body, the Federal Bureau of Financial Intelligence, under planned legislation to combat money laundering, according to a draft of…...

Namibia’s government has signed a law to regulate crypto exchanges in the country, an about-turn on its 2017 exchange ban. However, the date when the law enters into force hasn’t been confirmed.

India and Maldives co-chaired the second Joint Working Group meeting on Counter-Terrorism, Countering Violent Extremism and De-radicalisation on Monday to combat terrorism and prevent the exploitation of the internet and cyberspace for terrorism and violent extremism.

There is a growing concern about youth radicalism in Singapore, the Internal Security Department (ISD) said on Monday (Jul 24), highlighting the role of social media and gaming platforms. The terrorism threat to

New Zealand’s central bank is taking a long, hard look at cryptocurrencies and the role they will play in future business. Here’s what businesses had to say about our digital future.

Currently, the AEOI framework of the OECD allows member nations to exchange information on bank account information to prevent tax evasion.

Kuwait’s financial regulator, the Capital Markets Authority, issued a circular banning virtually all crypto operations in the country.

Ian Herbert and Leah Moushey of Miller & Chevalier break down a FinCEN move and what other trust companies could learn from it.

A bipartisan group of four senators today introduced a new bill CANSEE to the United States Senate.

MONEYVAL Strasbourg 18 July 2023 Diminuer la taille du texte Augmenter la
taille du texte Imprimer la page Imprimer en PDF A new report from the
Council of Europe’s anti-money laundering body...

The Kenyan government has approved a bill that aims to strengthen the country's legal and policy framework to combat money laundering and terrorism financing, following a recommendation from the FATF.

Transparency Initiative Seychelles (TIS) has joined forces with Transparency Mauritius to strengthen collaboration and promote transparency, good governance, and integrity in their respective countries.

The Monetary Authority of Singapore (MAS) and the National Bank of Cambodia (NBC) have signed a Memorandum of Understanding (MoU).

On March 16, 2023, Beijing released an official plan to reform Party and state institutions.This document lays out plans to address deficiencies in the...

JUST recently, the Financial Action Task Force (FATF) warned again that Jamaica faces the possibility of being blacklisted if certain measures are not put in place to deal with money laundering an...

Plans to assess FCA come in light of its growing list of responsibilities including cryptoassets, AI and competitiveness...

Strasbourg/Skopje, 12 July 2023, dtt-net.Com  - Council of Europe’s anti-money laundering body MONEYVAL called  on North Macedonia’s authorities to further strengthen measures to combat money laundering, financing of terrorism and financing of proliferation, in particular in the investigation and...

Finserv specialist Sujata Dasgupta explores how one bank’s adoption of EU guidance could chart a path forward for AML.

The International Monetary Fund has again urged the Marshall Islands against legalizing decentralized autonomous organizations, although the laws have already been passed.