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

AML, Compliance, EU/Europe, Financial Crime, News, Schuman

UPDATED: AMLA’s new chief is Italy’s Bruna Szego; pledges ‘top class’ technology in fight against financial crime

Premium November 26, 2024

DUBLIN-BOUND: AMLA chair Bruna Szego will deliver a Keynote Address at 'European Anti-Financial Crime Summit 2025', on May 7 it was announced today (Thurs).

Premium

NEWS: UK’s NCA prevented 260k scams in 2024, fraud identified as key priority

 Premium

NEWS: US sanctions leaders of Mexican cartel, offers $8M reward for information

 Premium

INSIGHT: How FINRA is approaching regulation under the Trump adminstration

By PAUL O’DONOGHUE, Senior Correspondent ITALY’S Bruna Szego is set to lead Europe’s powerful new Anti-Money Laundering Authority (AMLA), it was decided overnight. MEPs sitting at a European Parliament super-committee in Strasbourg chose the Banca d’Italia’s Head of AML Supervision and Regulation Unit as their preferred nominee as AMLA chair following four hours of hearings…

AML Intelligence
Subscribe now to have unlimited access

With our 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: UK’s NCA prevented 260k scams in 2024, fraud identified as key priority

 Premium

NEWS: US sanctions leaders of Mexican cartel, offers $8M reward for information

 Premium

INSIGHT: How FINRA is approaching regulation under the Trump adminstration

Regulatory Watch News

  • Executive Vice President of Insurance Brokerage Pleads Guilty in $133M Affordable Care Act Fraud Scheme

    US Department of Justice

    A Florida executive pleaded guilty today for his role in a scheme to submit fraudulent applications to enroll consumers in Affordable Care Act insurance plans (ACA plans) that were fully subsidized by the government. The purpose of the scheme was to obtain millions of dollars in commission payments from the insurance company that operated the ACA plans. The federal government paid at least $133,900,000 in subsidies for fraudulently enrolled individuals.

  • Man convicted of trying to smuggle £1m in suitcases out of UK

    National Crime Agency

    A man who was stopped at Heathrow Airport with £1m in two suitcases has admitted money laundering following a National Crime Agency investigation. Mazen Al Shaar, 48, was stopped by Border Force officers on Saturday 15 March this year as he was about to fly from Terminal Three to Beirut.

  • Treasury Targets International Bank of Yemen for Support to the Houthis

    OFAC

    WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning Yemen-based International Bank of Yemen Y.S.C. (IBY) for its financial support to Ansarallah, commonly known as the Houthis, which is part of the Iran threat network.  As part of this designation, OFAC is also sanctioning key leaders or officials of IBY, Kamal Hussain Al Jebry, Ahmed Thabit Noman Al-Absi, and Abdulkader Ali Bazara.  The designation of IBY complements the whole-of-government effort to stop Iran-backed Houthi attacks against commercial shipping in the Red Sea.

Sign Up To Our Newsletter

Contact Us