by AdrianaAMLP | Jan 22, 2025
The 2024 EU Directive on Asset Recovery and Confiscation mandates that Member States introduce measures to confiscate “unexplained wealth” linked to crime. Specifically, Article 16 of the Directive requires Member States to target unexplained wealth related to...
by AdrianaAMLP | Dec 10, 2024
The Basel AML Index provides risk scores for countries and jurisdictions based on data from 17 publicly available sources such as the Financial Action Task Force (FATF), Transparency International and the Global Initiative against Transnational Organized Crime. The...
by Jyotsna Bucktowar | Nov 28, 2024
It distinguishes “money dirtying” from money laundering, as it involves a linear flow to bribe recipients. The article uses the Lava Jato (Car Wash) scandal to illustrate these complex schemes and highlights the role of social network analysis in...
by Jyotsna Bucktowar | Nov 28, 2024
Fraud Indicators Integrated: Fraud is now recognised as a significant predicate offense to money laundering, with related indicators added. Methodology Refined: Outdated indicators, including those on corporate transparency and auditing standards, have been...
by Jyotsna Bucktowar | Nov 25, 2024
The aim of establishing a public-private partnership or platform for financial intelligence sharing is to vastly increase the flow of targeted, useful information back and forth between law enforcement and financial institutions such as banks, cryptocurrency...
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