Category: Financial Services
Page 85/105
FRANCE: Tougher regulations and increased monitoring on the cards for French businesses as new AML plan published
Banks remain big issue when it comes to money laundering, warns ex-Europol chief who also predicts major progress
US Attorney General praises ‘historic’ efforts to stop COVID relief abuse; hundreds charged for $569M worth of scams according to latest DOJ figures
‘The strictest boss that we have seen’; Swiss market watchdog chief to take over as BaFin president, giving agency ‘more bite’ after Wirecard blunders
Former Latvian PM believed to be facing charges for ‘large scale fraud and money laundering’; former transport minister also implicated in government contract scam
Police in Spain arrest 37 in major crackdown on counterfeit cash and laundering scheme; over €200k in fake €500 notes discovered in multiple raids
10 charged in massive United States criminal probe of Iran sanctions-violations; over $300M worth of Iranian transactions thought to have been hidden over twenty years
Charges brought against ‘most powerful unelected official’ in Malta; powerful business people and politicians brought to court over laundering and corruption allegations
EBA launches action plan to crack down on “de-risking” protocols in financial institutions
Danske’s efforts to bring AML frameworks up to speed may take years, Chair says; repeated scandals cited as a factor in why the bank struggles to move on
