AML Bytes

Money Laundering via Crypto While there may not be a competitor to the currency in terms of laundering volume at present, the ever-increasing use of cryptocurrency and their unregulated or...

Ever since its grey-listing by global money laundering watchdog Financial Action Task Force (FATF) in March 2022, the UAE has been very active in strengthening its anti-financial crime framework.

With sanctions taking centre stage in the international response to Russia's invasion of Ukraine, property ownership transparency has become a top issue for the UK government. The government has...

The Financial Action Task Force (FATF) said in a report that more than a third of its member countries are now technically compliant with its recommendations.

The world faces a combination of traditional and newer money laundering methods, according to the Committee of Experts on the Evaluation of Anti-money Laundering (AML) Measures and the Financing of...

Earlier in March, global money laundering watchdog Financial Action Task Force (FATF) placed the UAE in its list of ‘jurisdictions under increased monitoring’ or the so-called grey list.

Singapore, 19 April, 2022 - Thunes, a Singapore-based global payments company, today announced that it has taken a majority stake in the anti-money laundering (AML) and compliance technology firm,...

 

The latest financial crime fine figures from governance and risk consultancy firm Kroll revealed that global financial watchdogs are turning their attention from large banks to smaller financial...