Category: Compliance
Page 166/185
Hong Kong residents and visitors may face increased scrutiny when acquiring SIM cards; proposed new laws intended to combat organised crime
British regulatory body for solicitors finds significant deficiencies in firms’ AML regimes, says one in five firms “had never conducted an audit”
Three Chinese nationals face laundering charges after tax fraud scheme found to have disguised dirty money as restaurant profits.
UAE central bank meets country’s chief compliance officers to discuss FATF standards and step up fight against money laundering
Latest FATF report downgrades Nicaragua’s performance in controlling technology-based ML risk; watchdog says gaps exist for VASPs and other financial institutions
Two men sentenced in UK following probe into extensive multi-million-pound laundering network
Europe’s FIUs come in for harsh criticism in think-tank report which describes the units as ‘bottlenecks’ and castigates the EU’s AML regime
US marketing company hit with $150M fine for selling data to fraudsters; non-profit supporters among those targeted by resulting scams
US court hands businessman 35 months in prison for multi-million-dollar bribes of officials within Ecuador’s state oil company
Cryptocurrency crimes may have hit a slump in 2020, but one kind of crypto crime saw a 300% increase as the pandemic raged on. And it’s here to stay.
