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CBUAE AML/CFT Guidance issued on using digital IDs for CDD
The press release: The guidance: Links: CBUAE Press Release Guidance
View ArticleBetter late than never, I guess
EU AML Legislative Package – Council mandate reached on the AMLR and AMLD6 The FIAU would like to notify subject persons that a political agreement at Council level has been reached on the proposed...
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Bitcoin Money Laundering Conviction
Department of Justice U.S. Attorney’s Office District of New Hampshire FOR IMMEDIATE RELEASE Thursday, December 22, 2022 Ian Freeman Convicted On All Counts Relating To Bitcoin Money Laundering Scheme...
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A penny for your thoughts on FinCEN’s UBO reporting requirements
FinCEN Requests Comments on the Proposed Application that Individuals Will Use to Obtain a FinCEN Identifier in Connection with the Beneficial Ownership Information Reporting Requirements On January...
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FinCEN also wants your input on the UBO report itself
FinCEN Requests Comments on the Proposed Report to Collect Beneficial Ownership Information from Reporting Companies On January 17, 2023, the Financial Crimes Enforcement Network (FinCEN) will publish...
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A very FinCEN day… Human Smuggling Alert for SW US border region
FinCEN Issues Alert on Human Smuggling Along the Southwest Border of the United States Immediate Release January 13, 2023 WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) issued an alert...
View ArticleExtradited Latvian sentenced for money laundering
PRESS RELEASE Latvian Citizen Extradited from Norway Sentenced in Federal Court for Role in Money Laundering Conspiracy Friday, December 23, 2022 For Immediate Release U.S. Attorney’s Office, District...
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HKMA asks for comments on changes to AML/CFT amendments
The HKMA issued a letter on 18 January 2023 to consult the banking industry on proposed amendments to Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (For Authorized...
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HKMA asks for comments on changes to AML/CFT amendments
The HKMA issued a letter on 18 January 2023 to consult the banking industry on proposed amendments to Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (For Authorized...
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HKMA asks for comments on changes to AML/CFT amendments
The HKMA issued a letter on 18 January 2023 to consult the banking industry on proposed amendments to Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (For Authorized...
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HKMA asks for comments on changes to AML/CFT amendments
The HKMA issued a letter on 18 January 2023 to consult the banking industry on proposed amendments to Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (For Authorized...
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HKMA asks for comments on changes to AML/CFT amendments
The HKMA issued a letter on 18 January 2023 to consult the banking industry on proposed amendments to Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (For Authorized...
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When is a PMLC not your usual garden-variety PMLC? FinCEN issues Section...
FinCEN Identifies Virtual Currency Exchange Bitzlato as a Primary Money Laundering Concern in Connection with Russian Illicit Finance Action is the First Order Issued under Powerful New “Section 9714”...
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FinCEN inflates its (civil monetary penalty) numbers again
FinCEN Announces Inflation Adjustments to BSA Civil Monetary Penalties The Financial Crimes Enforcement Network (FinCEN) is issuing a final rule on January 19, 2023, to reflect annual inflation...
View ArticleAnd there are criminal charges, too…
The announcement: Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Wednesday, January 18, 2023 Founder and Majority Owner of Cryptocurrency Exchange Charged with Processing Over...
View ArticleAnd AAG Polite also has stuff to say about the Bitzlato charges
Assistant Attorney General Kenneth A. Polite, Jr. Delivers Remarks on Founder and Majority Owner of Cryptocurrency Exchange Charged with Processing Illicit Funds Washington, DC ~ Wednesday, January...
View ArticleRBI fines Tirupati Urban Cooperative Bank
RBI imposes monetary penalty on Tirupati Urban Co-operative Bank Ltd., Nagpur (Maharashtra) The Reserve Bank of India (RBl) has imposed, by an order dated January 04, 2023, a monetary penalty of...
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HKMA asks for comments on changes to AML/CFT amendments
The HKMA issued a letter on 18 January 2023 to consult the banking industry on proposed amendments to Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (For Authorized...
View ArticleRBI fines Shirpur Peoples’ Co-operative Bank for KYC and other failures
RBI imposes monetary penalty on The Shirpur Peoples’ Co-operative Bank Ltd., Shirpur (Maharashtra) The Reserve Bank of India (RBl) has imposed, by an order dated January 04, 2023, a monetary penalty...
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