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Moody’s publishes blog on ‘Searching for Answers: What Is Business Entity Verification?’

by Jyotsna Bucktowar | Oct 17, 2024

Conducting business entity verification is crucial to mitigate risks related to sanctions, fraud, money laundering, and other financial crimes. By ensuring the accuracy and authenticity of business entities, organizations can establish trust, maintain regulatory...

APOPO publish article on the use of rats in deterring illegal wild trafficking

by AdrianaAMLP | Oct 6, 2024

Rats are being trained to identify eggs that have been hidden in cluttered environments with intermingled scents, in the hope that they can be deployed to search luggage in airports.

Basel Institute blogs on ‘What do Bulgarian citizens think about corruption, integrity and anti-corruption efforts?’

by Jyotsna Bucktowar | Sep 25, 2024

Basel carried out a public perception survey together with Global Metrics. The survey reveals that although corruption remains a top public concern in the country, citizens: are mostly unaware of any government anti-corruption reform initiatives; are not likely to...

GFI proposes plan to dismantle the ‘Global financial secrecy system’

by AdrianaAMLP | Jun 6, 2024

Daniel Calingaert argues that ‘the time has come to dismantle the four pillars of the global financial secrecy system—to (1) end corporate anonymity, (2) eliminate instruments of financial secrecy, (3) make enablers legally liable for complicity in corruption,...

European Parliament passed a historic law, marking a significant step towards holding big companies accountable for harm they cause to people and the planet.

by Jyotsna Bucktowar | May 8, 2024

As the EU is a major player on the global economic stage, the implementation of this law has the potential to create a ripple effect that reaches far beyond its borders. Global Witness has been championing this cause from the beginning, pushing for greater corporate...
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Recent Posts

  • FATF publishes a targeted report on stablecoins and unhosted wallets, warning that these fast-growing crypto tools, facilitating over 80% of criminal virtual asset transactions, are fueling global ML/TF risks
  • EBA and ESMA launch a consultation to harmonise ‘fit-and-proper’ checks for senior bank and investment leaders, proposing clearer supervision, standardised suitability, and stronger AML safeguards – feedback by 25 May 2026
  • AUSTRAC publishes guidance on its new compulsory examination powers, detailing how it can require individuals or businesses to attend, answer questions, and provide documents for AML/CTF compliance
  • HMT publishes guidance on Using Digital Identities with the MLRs, clarifying that regulated firms can use certified digital identities on the DVS Register to meet AML customer due diligence requirements
  • CoLP Domestic Corruption Unit arrests the Chief Executive of the Police Federation of England & Wales and 2 senior officials on suspicion of fraud by abuse of position in a financial misconduct probe

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