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LATEST: ‘Sneering’ remark on Europe’s new AML Authority (AMLA) by UK-based RUSI staffer raises eyebrows in Brussels

Premium May 18, 2023

MEETING ROOM: Controversial remarks by RUSI's Tom Keatinge centre around a European Commission memo outlining requirements for AMLA's new headquarters. The memo described the need for conference space to hold meetings similar to the FATF plenaries, shown above. Mr Keatinge's comments were variously described by MEPs as "pathetic" and "sneering."

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Consumer finance group seeks more privacy in digital euro use

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Singapore says $2 billion in assets seized in money laundering case

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UK’s Hunt says will change law to stop political ‘debanking’

By ALISHA HOULIHAN for AML Intelligence COMMENTS made on social media by a fincrime staffer at the Royal United Services Institute (RUSI) about the requirements of Europe’s new AML Authority (AMLA) have been met with surprise in Brussels. Remarks by RUSI’s Tom Keatinge poking fun at AMLA’s requirement for a large conference room to host…

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Premium

Consumer finance group seeks more privacy in digital euro use

 Premium

Singapore says $2 billion in assets seized in money laundering case

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UK’s Hunt says will change law to stop political ‘debanking’

Regulatory Watch News

  • Treasury Targets Large Chinese Network of Illicit Drug Producers

    OFAC

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  • Genomic Health Inc. Agrees to Pay $32.5 Million to Resolve Allegations Relating to the Submission of False Claims for Genetic Cancer Screening Tests

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    Genomic Health, Inc. (GHI), a Delaware corporation headquartered in Redwood City, California, has agreed to pay $32.5 million to resolve allegations that it violated the False Claims Act by engaging in a nationwide scheme to improperly bill Medicare for certain laboratory tests used to diagnose and treat cancer patients. GHI is a wholly owned subsidiary of Exact Sciences Corporation, which acquired GHI in November 2019.

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