by Jyotsna Bucktowar | Dec 13, 2024
Two Russian-speaking networks have been exposed at the centre of a global ML operation enabling UK-based criminals, transnational groups and Russian oligarchs to bypass sanctions. OFAC has sanctioned key figures and four TGR-linked businesses, while NCA led efforts...
by AdrianaAMLP | Dec 13, 2024
The Guidelines require market participants to submit a legal opinion with the white paper for asset-referenced tokens (ARTs) clarifying that the crypto-asset is not an electronic money token (EMT) or excluded from MiCAR. Similarly, for crypto-assets not classified as...
by Jyotsna Bucktowar | Dec 2, 2024
The FIAHT Guide provides financial intermediaries with practical tools to detect human trafficking-related activities. It includes indicators like large cash transfers, multiple property rents, or prepaid card usage. The guide also offers examples of how traffickers...
by Jyotsna Bucktowar | Nov 18, 2024
The Guidance clarifies the steps large organisations must take to avoid criminal liability for fraud committed by their employees or agents. Effective from Sept 2025, this offence holds companies accountable if they profit from fraud, requiring them to demonstrate...
by AdrianaAMLP | Nov 15, 2024
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has announced that certain victims of Hurricane Milton, Hurricane Helene, Hurricane Debby, Hurricane Beryl, and Hurricane Francine will receive an additional six months to submit...
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