April 13, 2020: FinCEN provides AML/CTF guidance for Paycheck Protection Program
Paycheck Protection Program Frequently Asked Questions (FAQs) As of April 13, 2020 The Small Business Administration (SBA), in consultation with the U.S. Department of the Treasury, has been issuing...
View ArticleFinanstilsynet inspection of Andelskassen Community Fund
Statement of inspection in the Andelskassen Community Fund (money laundering area) In October 2019, the Danish FSA was on inspection at the Andelskassen Community Center. The inspection was an...
View ArticleFinanstilsynet Inspection Report: DK Desi Bazar
Statement of inspection in DK Desi Bazar (money laundering area) In February 2018, the Danish FSA was on inspection in DK Desi Bazar v / Mohammad Tariq. The inspection was an investigation of the...
View ArticleFinanstilsynet Inspection: United Africa I/S
Statement of inspection in United Africa I / S (money laundering area) In February 2018, the Danish FSA was on inspection in United Africa I / S. The inspection was an investigation of the money...
View ArticleFinanstilsynet Inspection Report: Nordic Express ApS
Statement of inspection in Nordic Express ApS (money laundering area) In February 2018, the Danish FSA was on inspection in Nordic Express ApS. The inspection was an investigation of the money...
View ArticleQuarantine is an excellent time for spring cleaning…
Some stuff I did on Monday… Cleaned up the Events calendar – some stuff scheduled for the next 2-3 months has changed dates, and a bunch of conferences understandably have been scrubbed Added OFAC’s...
View ArticleFinanstilsynet inspection of Mercury Andelskasse
Statement of inspection in Merkur Andelskasse (money laundering area) In August 2019, the Danish FSA was on inspection in Merkur Andelskasse. The inspection was an investigation of the money...
View ArticleFinanstilsynet inspection: Dan Exchange A/S
Statement of inspection in Dan Exchange A / S (money laundering area) In February 2018, the Danish FSA was inspected at Dan Exchange A / S. The inspection was an investigation into the money...
View ArticleAnother thing that just landed in my inbox…
From Finanstilsynet, the Danish Financial Services Authority… Links regarding Money laundering On this page you will find links to a number of important websites that provide additional guidance and...
View ArticleFinanstilsynet inspection: Drugstore v / Waqar Khalid
Statement of inspection in Drugstore v / Waqar Khalid (money laundering area) In February 2018, the FSA was on inspection in Drugstore v / Waqar Khalid. The inspection was an investigation into the...
View ArticleFinanstilsynet inspection: Vin og Tobac, 1001 Nat ApS
Statement on inspection in Wine and Tobacco, 1001 Nat ApS (money laundering area) In February 2018, the Danish FSA was on inspection in Wine and Tobacco, 1001 Nat ApS The inspection was an...
View ArticleHKMA Alert: Suspected fraudulent website clippercoin.com
17 Apr 2020 Suspected fraudulent website : http://clippercoin.com/#/programIndex The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public in Hong Kong to a suspected fraudulent...
View ArticleDFSA Enforcement Action: Le Tresorerie
DFSA Fines La Tresorerie for Serious Failings 23 Apr 2020 Serious and deliberate wrongdoing breached the prohibition against providing money services in or from the DIFC Firm’s activities increased...
View ArticleNY DFS Enforcement Action: Industrial Bank of Korea
Press Release April 20, 2020 DFS SUPERINTENDENT LINDA A. LACEWELL ANNOUNCES INDUSTRIAL BANK OF KOREA TO PAY $35 MILLION TO NEW YORK STATE FOR VIOLATIONS OF NEW YORK ANTI-MONEY LAUNDERING AND...
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FINTRAC updates STR guidance
April 2020 This guidance will come into force on 1st June 2020. All reporting entities (REs) and individuals employed by REs must report suspicious transactions under the Proceeds of Crime (Money...
View ArticleFinansinspeksionen fines Swedbank 4 Billion SEK – and a warning?
Swedbank fined for serious deficiencies in its measures to combat money laundering 2020-03-19 | PRESS RELEASES MONEY LAUNDERING BANK Swedbank AB has had serious deficiencies in its management of the...
View ArticleMay 8, 2020: FinCEN reissues Real Estate GTOs
FinCEN Reissues Real Estate Geographic Targeting Orders for 12 Metropolitan Areas The Financial Crimes Enforcement Network (FinCEN) today announced the renewal of its Geographic Targeting Orders...
View ArticleQ4 2019 TAFA Report is out…
TAFA quarterly reports to Parliament Under the Terrorist Asset-Freezing etc. Act 2010 (‘TAFA 2010’), HM Treasury is required to provide a quarterly report to Parliament on its operation of the UK’s...
View ArticleFinCEN reminds us again – SARs and CTRs are important!
FinCEN Recognizes Law Enforcement Cases Significantly Impacted by Bank Secrecy Act Filings Contact Office of Strategic Communications, 703-905-3770 Immediate Release May 19, 2020 WASHINGTON—The...
View ArticleDFSA announces RegTech Live virtual event
Dubai Financial Services Authority to host RegTech Live event 27 May 2020 The Dubai Financial Services Authority (DFSA) will be hosting a virtual event on the 2nd and 3rd of June. The event, RegTech...
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