MONEYVAL AML/CTF report for Cyprus

The report outlines a range of legislative and regulatory measures taken by Cypriot authorities concerning risk assessments and monitoring of its Non-Profit Organisation sector and correspondent banking…

Companies agree to forfeit £29m linked to ML

A Cyprus-based company and a South African law firm have agreed to give up nearly £29 million that was allegedly linked to ML in the UK’s biggest ever forfeiture case. Prosecutors working with the City of London Police said they had reached an...