10/14/2021
Instead of fulfilling their promises to these investors, the defendants used Bitqyck funds on personal expenses, including casino trips, cars, luxury home furnishings, art, and rent.
10/08/2021
These regulations require certain firms, including those regulated by the FCA, to ensure they have adequate anti-money laundering systems and controls to prevent money laundering.
10/04/2021
Alcogal set up offshore companies for 160 politicians and public officials, leaked records show – including some accused of looting their countries.
10/04/2021
Former PM and his wife became owners of £6.5m office building by acquiring offshore company partially owned by Bahraini minister
10/04/2021
This news should have been surprising.
09/26/2021
Congress’ move to make the BSA applicable to the antiquities trade stemmed from the concern that the trade may be exploited by money launderers and terrorist financiers to evade detection by law enforcement.
09/20/2021
Since July 2019, the UK government and private sector partners have been on a mission to upgrade the UK’s response to economic crime.
09/20/2021
The AMLA is intended to be operational by 2024, with work on direct supervision beginning in 2026.
09/15/2021
US authorities may send a subpoena to a Swiss bank or its US representative, if any, and can impose heavy sanctions if the Swiss bank refuses to co-operate.
09/12/2021
If adopted as such, it will trigger substantial amendments to the current AML/CFT framework.
09/10/2021
China Development Bank vice-president detained in corruption probe
He Xingxiang is the third senior CDB executive to face a corruption probe during President Xi Jinping’s anti-corruption drive
09/09/2021
The ICAC investigation arose from a corruption complaint.
09/09/2021
Ex-adviser jailed after laundering money for organised crime group
The FCA will now pursue confiscation proceedings against him in order to try and seize his illegal gains.
09/02/2021
The settlement follows a probe opened in 2012.
09/01/2021
Authorities in Japan have a good understanding of the money laundering and terrorist financing risks they face and have been at the forefront of AML/CFT measures in areas that present major risks for the country.
08/26/2021
The anonymity offered by the online markets is particularly valuable to the criminals amids the pandemic
08/26/2021
Their lawyers did not immediately respond to requests for comment.
08/23/2021
Tom Cregan, the EML managing director, said last week that new directors and an independent chairman have been appointed at its Irish subsidiary, although PFS was unable to confirm their identities on Friday.
08/19/2021
The new Singapore office is an exciting milestone for Ogier Global and represents our commitment to the Asia market.
08/16/2021
The FIAU says Sendvalu failed to undertake appropriate enhanced due diligence measures in instances clearly posing a high money laundering risk