More From Financial Crime – Page 15
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NewsUAE urges DNFBPs to sign up to AML programme as clampdown continues
The economy ministry in the UAE has reminded companies to register for the country’s anti-money laundering system before a 31 March deadline.
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AnalysisThe challenges of tackling modern slavery
Ahead of his session at FinCrime World Forum Andrew Wallis OBE explains the drivers behind modern slavery in the UK and what governments and businesses should do to help tackle the problem
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NewsSwedish police fear Covid-19 gambling rules could spark money laundering rise
Money laundering could rise in Sweden’s gambling sector this year because of increased use of unlicenced gaming companies, the country’s financial police have warned in a report.
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NewsUkrainian oligarch and former governor sanctioned over alleged corruption
The United States Secretary of State Antony Blinken has sanctioned Ukrainian oligarch and former governor Ihor Kolomoyskyy, who has business interests in the United States, over alleged corruption
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AnalysisBrexit and fincrime: are things are about to get a bit more complicated?
The Brexit trade agreement contains warm words of co-operation on financial crime matters. However, Dr Anna Bradshaw, ahead of her appearance at FinCrime World Forum, fears there may be difficulties further down the line.
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AnalysisThinking outside the box
Ahead of his appearance at FinCrime World Forum, Nick Maxwell explains why public- private information-sharing, aided by fresh thinking and new technology, is crucial to tackling financial crime
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NewsDEA warns of rise in illicit drug money laundering through virtual currency ATMs
Virtual currency ATMs are increasingly being used to launder illicit drug proceeds, a federal agency in the United States has warned.
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NewsCryptocurrency fraudster pleads guilty to money laundering and $16m fraud
Swedish national Roger Nils-Jonas Karlsson is facing up to 20 years in jail in the US after admitting defrauding 3,500-plus people of more than $16m (€13m).
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AnalysisFuture-proofing and inclusivity: a chat with award-winner Sujata Dasgupta
Sujata Dasgupta is rapidly becoming one of the financial crime compliance sector’s rising thought leaders and has just landed a major award for her efforts.
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NewsIntroducing the Women in Governance, Risk and Compliance series by GRC World Forums
GRC World Forums has today announced the launch of the Women in Governance, Risk & Compliance (GRC) Series
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NewsMcAfee hits back after being charged with fraud and money laundering conspiracy over cryptocurrency promotion
The anti-virus software pioneer John McAfee has hit out after being charged with fraud and money laundering crimes in the United States.
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Analysis‘Corporate transparency is a moral and social issue’
Graham Barrow is one of the world’s leading commentators and experts on financial crime and a leading advocate for corporate transparency. Ahead of his appearance at FinCrime World Forum later this month, he speaks to GRC World Forums about why this issue is so important
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Q&AFinCrime Job Focus: Francesa Dowling, Head of Compliance, Amaiz
In our latest reader Q&A, Francesa Dowling argues that compliance should never be seen as a tick-box exercise
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BlogThe attacks on DeFi as a money laundering threat don’t stand up
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.
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News‘Overstretched’ FinCEN needs technological innovation and more funding, says think tank
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.
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NewsFATF executive secretary calls for end to AML ‘box-ticking’ culture
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”
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NewsEBA updates guidelines on AML/CTF risk factors
The European Banking Authority has published revised detailed guidance on Anti Money Laundering (AML) and Counter-Terrorism Financing (CTF) risk factors.
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NewsNew Zealand issues first formal warning to a real estate agency chain under updated AML law
New Zealand’s Department of Internal Affairs has issued a formal warning to a large real estate agency chain.
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AnalysisUAE’s AML journey: radical change or more of the same?
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?
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NewsAuthorities shut down trafficking and laundering network that made profit of €14 million
Law enforcement agencies have dismantled a cross-border human trafficking and laundering ring, raiding properties and arresting 38 suspects in France, Romania and Moldova.