LATEST: Afghanistan’s AML unit disappears following Taliban takeover, experts warn country’s link to international funds will be impacted
OPINION: For the first time since the end of the Second World War there is an existential threat to liberal democracy – and western governments appear helpless to intervene
AML, Financial Crime, Financial Services
LATEST: German lawmakers expected to question Scholz over money laundering investigation days before election
Compliance, Financial Services
LATEST: FATF chief says banks spending billions on compliance which is driving customers to find cheaper alternatives; fight against FinCrime hampered by ‘investment in the wrong places,’ Lewis warns
AML, Financial Crime, North America
Hundreds of millions to be paid out in latest round of victims compensation to victims of Madoff scandal, dubbed ‘history’s largest Ponzi scheme’ by DOJ
EU/Europe, Financial Crime, Regulatory
LATEST: Europol and Armenia team to combat organised crime – agreement signed allowing exchange of staff and information
German Finance Ministry raided in money laundering investigation – Opposition MP says the ‘integrity’ of Germany’s money laundering fight has been ‘called into question’
INSIGHT: Money laundering investigations ‘at the core’ of EU’s fight against cocaine trade; new Europol and UN report says fight is getting tougher
LATEST: Afghanistan’s new interior minister on FBI most wanted list with $10 Million bounty
MALTA: 24 companies renounce island’s licences following FATF’s grey listing; opposition politician warns of ‘further instability’
BREAKING: Australian banks are extremely vulnerable to money laundering, warns AUSTRAC watchdog – with level of risk for all four major domestic banks ‘high’
Compliance, Financial Crime, North America
NEWS UPDATE: Global food producer Kraft Heinz hit with $62M penalty after authorities uncover three-year inflated cost savings scheme
EU/Europe, Featured Article, Financial Crime, Regulatory
FRANCE: Interpol co-ordinates raids on ‘Russian speaking’ criminal kingpins in several days of action aimed at disrupting money laundering operations
AML, Analysis, Crypto, EU/Europe, Financial Crime
INSIGHT: Europe’s biggest criminal networks seeing more value in crypto, especially in Italy and Germany – anti-mafia authorities
UK: Gambling Commission slaps gaming company Daub Alderney with £5.85 Million fine over social responsibility and AML failures
AML, EU/Europe, Financial Crime
INSIGHT: Germany is a ‘paradise’ for money launderers claim as country’s lax AML regimes and regulations come under scathing criticism
AML, Banking, Compliance, EU/Europe, Featured Article
LATEST: Suspended Maltese bank Pilatus handed multi-million euro fine for ‘total disregard’ of AML safeguards
AML, Compliance, EU/Europe, Financial Crime
European Commission launches €400K tender for ‘crucial’ European Asset Registry in fight against money laundering
UK Financial Conduct Authority blasts Binance saying it is ‘not capable’ of properly supervising crypto exchange despite ‘significant risk’
EU/Europe, Financial Crime, Regulatory
INSIGHT: Mafias and the Pandemic; the changing face of the fight against organised crime in Italy.
Banking, Compliance, EU/Europe, Regulatory
Major Baltic bank told to improve AML controls after rigorous inspection by all three national supervisors
Analysis & Opinion, Compliance, Women in FinCrime
OPINION: After decades of fighting dirty money, we are still struggling. Is It Time to Reimagine FinCrime GRC Strategy?
Banking, Compliance, EU/Europe, Technology
LATEST: N26 may be prohibited from accepting new customers as bank struggles with substandard customer due diligence
Analysis & Opinion, Compliance, EU/Europe, Featured Article, Financial Services
OPINION: Commission must use new AML package to establish ‘gold standard’ in AML supervision in the bloc to fight financial crime – top MEP
AML, Crypto, EU/Europe, Financial Crime, Financial Services
NEWS UPDATE: New EU AML rules to close ‘loopholes’ in existing crypto regulation – Deputy Director General
Analysis & Opinion, Financial Services, Schuman
EURO NOTEBOOK: There is a new sheriff in town, now which banks will they directly supervise, how will cryptos be managed and where will the agency be based? Did I mention the backstop?
INSIGHT: AML Intelligence launches €5 special introductory offer – which includes full access to premium content and conference tickets
AML, Compliance, Financial Crime
LATEST: The Netherlands argues for €5,000 cash limit & €500 notes to be taken out of circulation to curb money laundering
UAE central bank sees increased money laundering risks in wake of COVID-19 pandemic
EU/Europe, Financial Crime, Regulatory
Italian and Spanish police shut down an international fraud and laundering scheme; about €10M believed stolen in just one year
