More from Banking, Financial Services & Insurance – Page 30
-
Q&APrivSec Job Focus: tell us about your role
Do you work in privacy, security or data protection? Don’t miss the chance to feature in one of PrivSec Report’s regular job focus Q&As.
-
Q&AFinCrime Job Focus: Hugo Veazey, Director, Anti-Financial Crimes Solutions, RDC
In our latest reader-submitted Q&A, Hugo Veazey describes sharing his passion for fighting financial crime
-
NewsFATF president pledges to support digital transformation of AML/CFT systems
The Financial Action Task Force (FATF) will seek to support the building of greater efficiency and resilience in anti-money laundering systems through digital transformation, its president has announced.
-
NewsFinCEN proposes lowering ‘Travel Rule’ threshold for international transactions to $250
US financial institutions will be required to collect, retain and transmit certain information about international fund transfers worth as little as $250 under a new rule outlined today in a joint notice by the Financial Crimes Enforcement Network (FINCEN) and Federal Reserve Board.
-
BlogGermany unveils tough new AML law in bid to boost prosecutions
The German government has adopted draft legislation aimed at boosting money laundering prosecutions.
-
NewsUK Treasury Committee announces fresh inquiry into financial crime
An influential cross-party group of lawmakers in the UK has launched a follow-up enquiry into financial crime following the release of the FinCEN Files last month.
-
NewsGermany unveils tough new AML law in bid to boost prosecutions
The German government has adopted draft legislation aimed at boosting money laundering prosecutions.
-
News
UAE suspends licenses of 200 law firms for breaching AML regulations
Two hundred law firms in the United Arab Emirates (UAE) have had their licenses suspended for a month by the country’s Ministry of Justice for breaching anti-money laundering rules.
-
AnalysisTrust, privacy and combatting crime: the tech behind Singapore’s facial recognition ID scheme
Singapore is to become the first government in the world to grant citizens access to services online using facial verification and UK-based provider iProov has won the contract. FinCrime Report speaks to the firm’s founder Andrew Bud about the technology and issues of privacy, anti-money laundering, security and trust.
-
BlogUnderstanding the components of illegal wildlife trafficking
High profits and the perceived low risk of being caught makes the illegal wildlife trade attractive to criminals. Paula Krulicki of ManchesterCF explains how anti-money laundering teams should investigate the problem.
-
BlogUnderstanding the components of illegal wildlife trafficking
High profits and the perceived low risk of being caught makes the illegal wildlife trade attractive to criminals. Paula Krulicki of ManchesterCF explains how anti-money laundering teams should investigate the problem.
-
NewsFinCEN fines early Bitcoin mixer operator $60m
The Financial Crimes Enforcement Network (FinCEN) has fined the founder and operator of Helix and Coin Ninja $60m.
-
Article20 arrested across Europe in ‘unprecedented’ international operation against laundering network
Law enforcement authorities from 16 different countries have disrupted the QQAAZZ money laundering network, carrying out 40 house searches and arresting 20 suspected members of the group.
-
NewsFinCEN publishes new typologies to help firms detect money laundering linked to human trafficking
The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has published new information on typologies and indicators to help compliance teams combat the “horrific toll” of human trafficking.
-
Q&AFinCrime Job Focus: Matthew Redhead, researcher and writer
In our latest reader-submitted Q&A Matthew Redhead explains how financial crime can get the emotional juices flowing
-
FeatureThe skills needed in the FinCrime team of the future
Becky Marriott’s financial crime fighting journey to date includes working on security in warzones, threat intelligence at the 2012 Olympics, tracing global sanction evasion networks and investigating ISIS. Now at digital banking services provider Tide, Marriott discusses the skills needed to equip the financial crime teams of the future.
-
NewsAUSTRAC plans A$100m regulatory system overhaul and more enforcement action
AUSTRAC will overhaul its regulatory system using A$100m of new funding and step up enforcement action, a senior figure at the Australian financial crime regulator has said.
-
NewsFATF flags Chinese FIU’s lack of powers to tackle AML
China’s decentralised Financial Intelligence Unit system lacks the power to analyse suspicious activity adequately, a Financial Action Task Force (FATF) report has said.
-
BlogArming for the rise of digital fraud
Digital is a channel of choice for consumers, accelerated by COVID-19. But digital interaction isn’t the only thing that has accelerated – fraud has too. Toby Carlin examines the latest data on how banks are tackling the threat.
-
NewsLeicester textile firms ‘involved in money laundering and VAT fraud’
A network of clothing manufacturers in Leicester has been involved in money laundering and VAT fraud, a BBC investigation has found.
