Compliance Calendar

A guide to the latest FATF mutual evaluation status for each country within the financial crime industry.

More From Financial Crime

Francesca Dowling

Q&A

FinCrime Job Focus: Francesa Dowling, Head of Compliance, Amaiz

2021-03-04T12:39:00+00:00

In our latest reader Q&A, Francesa Dowling argues that compliance should never be seen as a tick-box exercise

defi concept

Blog

The attacks on DeFi as a money laundering threat don’t stand up

2021-03-04T07:30:00+00:00By Ben Whitby

Recent research has described Decentralised Finance (DeFI) as the “next major threat vector for money laundering.” Ben Whitby, ahead of his appearance at the FinCrime World Forum later this month, argues this accusation does not reflect reality.

innovation-561388_1280

News

‘Overstretched’ FinCEN needs technological innovation and more funding, says think tank

2021-03-03T12:19:00+00:00By

The Financial Crimes Enforcement Network (FINCEN) in the United States needs more funding and a ‘Manhattan Project’ to develop new technologies in order to be more effective against money laundering, a think tank has said.

tick boxing

News

FATF executive secretary calls for end to AML ‘box-ticking’ culture

2021-03-03T10:30:00+00:00By

The executive secretary of the Financial Action Task Force has said there is a need to ensure Anti Money Laundering (AML) professionals “stop just ticking boxes”

banking

News

EBA updates guidelines on AML/CTF risk factors

2021-03-02T10:54:00+00:00

The European Banking Authority has published revised detailed guidance on Anti Money Laundering (AML) and Counter-Terrorism Financing (CTF) risk factors.

new zealand flag

News

New Zealand issues first formal warning to a real estate agency chain under updated AML law

2021-03-02T08:25:00+00:00By

New Zealand’s Department of Internal Affairs has issued a formal warning to a large real estate agency chain.

dubai focus

Analysis

UAE’s AML journey: radical change or more of the same?

2021-03-02T07:30:00+00:00By

The United Arab Emirates has long been a magnet for illicit funds, for a whole host of often deep-rooted  economic, historical, geographical and cultural reasons. But with the Financial Action Task Force calling for urgent action, the Gulf state has recently shown signs of flexing its regulatory muscles, but can it really adequately tackle financial crime?

moldova cropped

News

Authorities shut down trafficking and laundering network that made profit of €14 million

2021-03-01T08:23:00+00:00By

Law enforcement agencies have dismantled a cross-border human trafficking and laundering ring, raiding properties and arresting 38 suspects in France, Romania and Moldova.

world map

News

FATF adds four countries to AML ‘grey list’ following plenary

2021-02-26T07:46:00+00:00

The Financial Action Task Force (FATF) has added the Cayman Islands, Burkina Faso, Morocco, and Senegal to its ‘grey list’ of countries under supervision.

buisnes structure

Blog

Blaming company formation agents misses the bigger picture about AML in the UK

2021-02-26T07:08:00+00:00By John Binns

The National Crime Agency is planning a crack down on company formation agents as part of an AML drive. However, John Binns argues the problems are due to more significant holes in the UK’s financial crime safety net

fraud loan

News

A strong compliance programme “should be part of a company’s DNA” says head of UK’s SFO

2021-02-25T13:02:00+00:00

The head of the United Kingdom’s economic crimes investigative agency has stressed the need for companies to have a strong compliance programme.

New AML rules increase credit risk for banks globally

News

New AML rules in US increase credit risk for banks globally, warns rating agency

2021-02-25T08:17:00+00:00

New anti-money laundering legislation in the United States intensifies credit risks for non-US banks, a major rating agency has warned.

jakarta indonesia

News

Indonesia set to expand AML regulation for fintechs

2021-02-24T14:54:00+00:00By

Indonesia will soon approve a regulation to stem money laundering and terrorism financing by requiring more financial technology companies to report suspicious transactions, the head of its financial intelligence agency has said.

cyber fraud

News

UK cyber fraud efforts ‘hampered by uncertain definitions and measurement’ warns think tank

2021-02-24T10:51:00+00:00By

A “worrying” lack of certainty about the definition, understanding and measurement of cyber fraud is hampering efforts to tackle cyber fraud, a United Kingdom think tank has warned.

FinCrime Social Cards-2

News

Former Europol director to kick off two days of debate at FinCrime World Forum

2021-02-23T15:23:00+00:00By

Sir Rob Wainwright will kick off two days of debate, insight and virtual networking at the FinCrime World Forum next month.

fraud loan

News

​Further $853m fraud reported at troubled Indian housing finance company DHFL

2021-02-23T10:05:00+00:00By

Indian finance company Dewan Housing Finance Corporation Ltd (DHFL) has reported a further fraud worth Rs 6,182 crore (around $850m) to the stock market.

elephants

Blog

How your bank can protect a herd of elephants in Botswana’s Okavango Delta

2021-02-23T06:49:00+00:00By Erik Stretz

Erik Stretz outlines what Europe’s banks must do to help fight the illicit trade of wildlife

EU flag

News

Germany, Portugal and Romania warned to bring AML laws into line with rest of Europe

2021-02-22T08:30:00+00:00By

The European Commission has sent formal letters of warning to Germany, Portugal and Romania urging them to bring their anti-money laundering (AML) laws into line with European Union directives “correctly”.

mortar board

News

​Cash payments to UK universities raise money laundering concerns

2021-02-22T07:59:00+00:00By

Financial crime experts have raised concern about the number of universities in the UK which accept cash payments from students from countries with high money-laundering risks.

survey findings

News

Fines for AML non-compliance only work in 'limited circumstances', say half of specialists polled

2021-02-19T09:18:00+00:00By

Monetary penalties for anti-money laundering (AML) compliance failures are only effective as a deterrent in “limited circumstances”, more than half of specialists polled in a survey have said.