GFI publishes report on Financial Fraud in the Caribbean

by | Dec 14, 2022

This report focuses on the different frauds and scams that impact the Caribbean region, primarily advance fee frauds along with pyramid and Ponzi schemes. Other types of fraud, such as check fraud, credit card fraud, insurance fraud, government benefit…

FinCEN/BIS joint alert on Russian & Belarusian export control

by | Jun 28, 2022

FinCEN/BIS is urging FIs to be vigilant against efforts to evade BIS export controls implemented in connection with Russia’s invasion of Ukraine. By identifying and reporting suspicious activity indicative of such behavior, FIs contribute to U.S. and international...

FATF removes Malta from grey list and adds Gibraltar

by | Jun 16, 2022

FATF congratulated Malta for the significant progress it has made in addressing the strategic AML/CFT deficiencies previously identified by the FATF and included in its action plan. Malta will no longer be subject to the FATF’s increased monitoring...

IMF conference on fight against corruption

by | Jun 15, 2022

The IMF is dedicating resources to capacity building in anti-corruption and rule of law. Training programs include anticorruption legal and organizational frameworks, establishing functional systems for asset declarations, addressing conflict of interest, and...