by AdrianaAMLP | Dec 1, 2022
China has been upgraded on targeted financial sanctions related to proliferation and transparency and beneficial ownership of legal persons. China will remain in enhanced follow up and will continue to inform the FATF of progress achieved…
by AdrianaAMLP | Nov 17, 2022
Anti-corruption chief at Chinese spy agency admits taking US$33 million in bribes. The court said that Liu had received the money in return for business favours, lenient sentences, job promotions and help in obtaining restricted car plates. His corruption trail can be...
by AdrianaAMLP | Apr 18, 2022
Three Chinese banking watchdogs have issued a warning against non-fungible tokens (NFTs). While NFTs are an innovative application of blockchain technology that can enrich the digital economy, they could potentially be used for ML, speculation, illegal financial...
by AdrianaAMLP | Mar 7, 2022
At the Financial Action Task Force (FATF) Plenary that ended on 4 March 2022, the Plenary officially selected Mr. T. Raja Kumar as its next President, to replace Dr. Marcus Pleyer. Mr. Raja will assume office on 1 July 2022 for a fixed two-year term…
by AdrianaAMLP | Mar 1, 2022
Chinese courts will more strictly punish bribe-givers together with those who accept bribes, and set up a “blacklist” for those who offer bribes. Giving bribes is a main source of corruption, “but some judicial departments in some areas just pay...
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