Anti-Financial Crime & Financial Crime Compliance
Regulatory Intelligence Leadership | Insight | Network

AML, Compliance, Compliance News, Financial Crime, US

NEWS: US Treasury official in Europe to highlight AML improvements at FATF meeting

Premium February 19, 2024

FILE PHOTO: A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023.  REUTERS/Kevin Lamarque/File Photo

Premium

NEWS: US banks warn generative AI is ‘industrialising’ scams

UK Gambling Commission AML concerns Premium

NEWS: AI used to bypass gambling KYC checks, UK watchdog warns 

 Premium

INSIGHT: Illicit Iranian gambling network helped pull off a $4bn sanctions dodge

By Alisha Houlihan for AMLi

US Undersecretary of Treasury for terrorism and financial intelligence Brian Nelson is to speak at meetings of the Financial Action Task Force (FATF) this week.

It’s part of a number of meetings in Europe planned to promote improvements in US AML and beneficial ownership policy.

AML Intelligence
Subscribe now to have unlimited access

With our membership subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!

View subscription optionsIf you have an account, log in
Premium

NEWS: US banks warn generative AI is ‘industrialising’ scams

UK Gambling Commission AML concerns Premium

NEWS: AI used to bypass gambling KYC checks, UK watchdog warns 

 Premium

INSIGHT: Illicit Iranian gambling network helped pull off a $4bn sanctions dodge

Regulatory Watch News

  • World Day Against Trafficking in Persons

    Across the world, transnational organized crime groups are trafficking and exploiting thousands of people and forcing them to take part in industrial-scale financial fraud operations. This is a growing form of trafficking in persons for forced criminality, closely intertwined with cybercrime, financial fraud, money-laundering and corruption. In East and South-East Asia, UNODC estimates between US $18 billion and $37 billion financial losses from scams targeting victims in 2023 alone, with a high proportion of these losses attributes to scams committed by organized crime groups located in the region.

  • 850 years in jail for criminals and £70m-worth of drugs seized by specialist Merseyside team

    National Crime Agency

    More than 100 criminals linked to drug and gun crime in Merseyside have been jailed as a result of investigations by a specialist team formed in 2021. One-hundred-and-eight criminals are serving 851 years in prison for crimes including importing drugs, supplying guns and laundering money linked to serious and organised crime. Officers from Merseyside Organised Crime Partnership (OCP) have seized cocaine, heroin, cannabis and ketamine worth up to £70m.

  • 850 years in jail for criminals and £70m-worth of drugs seized by specialist Merseyside team

    National Crime Agency

    More than 100 criminals linked to drug and gun crime in Merseyside have been jailed as a result of investigations by a specialist team formed in 2021. One-hundred-and-eight criminals are serving 851 years in prison for crimes including importing drugs, supplying guns and laundering money linked to serious and organised crime. Officers from Merseyside Organised Crime Partnership (OCP) have seized cocaine, heroin, cannabis and ketamine worth up to £70m.

Sign Up To Our Newsletter

Contact Us