Finanstilsynet Inspection Report: Fleggaard Leasing A/S
Statement on inspection in Fleggaard Leasing A / S (money laundering area) In January 2021, the Danish Financial Supervisory Authority inspected Fleggaard Leasing A / S. The inspection was an...
View ArticleDanish FSA schedules annual AML/CTF seminar for tomorrow
Save the date We would like to invite you to the Danish Financial Supervisory Authority’s annual seminar on money laundering and terrorist financing. This year, it will be held on Wednesday the 26...
View ArticleHKMA Event: Unlocking the Power of RegTech
01 Jun 2021 The HKMA invites registration for its flagship Regtech event – “Unlocking the Power of Regtech” The Hong Kong Monetary Authority (HKMA) is pleased to present its flagship Regtech event –...
View ArticleFINTRAC reminds you of amendments to its PCMLTFA now being live
Regulatory amendments now in force The changes to the Regulations made under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act announced in the Canada Gazette in July 2019 and June...
View ArticleMontreal real estate broker fined CAD 123,915 by FINTRAC
FINTRAC imposes an administrative monetary penalty on Les Immeubles Diamant Diamant Inc. FINTRAC announced today that it has imposed an administrative monetary penalty on Les Immeubles Diamant Diamant...
View ArticleTreasury issues press release about recent FATF plenary
PRESS RELEASES Financial Action Task Force (FATF) Advances Its Work on Proliferation Finance, Virtual Assets, Financing of Racially or Ethnically Motivated Violent Extremism, and Financial Flows...
View ArticleFINTRAC Enforcement Action: CAD 59,235 fine for HomeLife Glenayre Realty...
FINTRAC imposes an administrative monetary penalty on HomeLife Glenayre Realty Chilliwack Ltd. FINTRAC announced today that it has imposed an administrative monetary penalty on HomeLife Glenayre...
View ArticleAUSTRAC releases cuckoo smurfing guide & Fact Sheet
New financial crime guide explains cuckoo smurfing 28 June 2021 AUSTRAC’s Fintel Alliance has released a financial crime guide to help remittance service providers, banking and financial services...
View Article3 new AML/CFT guidances issued by UAE Central Bank
The Central Bank of the UAE has issued 3 AML/CFT guidelines in the last month – the latest for AML and combating not only terrorist financing, but also that of illegal organizations. I’ve provided a...
View ArticleAUSTRAC article on source of funds/wealth
Customer due diligence: Source of wealth and source of funds considerations 28 June 2021 Know your customer (KYC) procedures, including where appropriate, taking reasonable measures to identify the...
View ArticleHKMA hosts “Unlocking the Power of RegTech”
30 Jun 2021 The HKMA hosts its flagship Regtech event – “Unlocking the Power of Regtech” The Hong Kong Monetary Authority (HKMA) successfully hosted its flagship Regtech conference “Unlocking the...
View ArticleFinCEN sets AML/CFT priorities (nationwide)
FinCEN Issues First National AML/CFT Priorities and Accompanying Statements ContactOffice of Strategic Communications, 703-905-3770Immediate ReleaseJune 30, 2021 WASHINGTON—The Financial Crimes...
View ArticleFinCEN takes action on no-action (letters)
FinCEN Completes Assessment on the Use of No-Action Letters ContactOffice of Strategic Communications, 703-905-3770Immediate ReleaseJune 30, 2021 WASHINGTON—The Financial Crimes Enforcement Network...
View ArticleFinCEN toots its own horn…
Message from the FinCEN Director: 180-Day Update on AML Act Implementation ContactOffice of Strategic Communications, 703-905-3770Immediate ReleaseJune 30, 2021 WASHINGTON—Financial Crimes Enforcement...
View ArticleFinCEN: You can’t regulate what you don’t fully understand, so…
FinCEN Welcomes First-Ever Chief Digital Currency Advisor and First Director of Strategic Communications ContactOffice of Strategic Communications, 703-905-3770Immediate ReleaseJuly 06, 2021...
View ArticleFinanstilsynet releases study of stockbroker AML risk assessments
Examination of stockbroking companies’ risk assessment in the area of money laundering In the fourth quarter of 2020, the Danish Financial Supervisory Authority conducted a cross-cutting study of a...
View ArticleFINTRAC fines Bureau de change Saint-Michel for not registering as an MSB
FINTRAC imposes an administrative monetary penalty on Sokhom Ung, operating as Bureau de change Saint-Michel FINTRAC announced today that it has imposed an administrative monetary penalty on Sokhom...
View ArticleHM Treasury issues a High-Risk Country Advisory Notice
HM Treasury Advisory Notice: High-Risk Third Countries Requirement to apply Enhanced Due Diligence for higher risk jurisdictions The Money Laundering, Terrorist Financing and Transfer of Funds...
View ArticleFinanstilsynet Inspection Report: Frorup Andelskasse
Statement on inspection in Frørup Andelskasse (money laundering area) On 9 February 2021, the Danish Financial Supervisory Authority inspected Frørup Andelskasse. The inspection was an investigation...
View ArticleJuly 15, 2021: FinCEN invites you to talk ransomware in August
Second FinCEN Exchange on Ransomware to Take Place in August ContactOffice of Strategic Communications, 703-905-3770Immediate ReleaseJuly 15, 2021 WASHINGTON—The Financial Crimes Enforcement Network...
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