by AdrianaAMLP | Jan 25, 2022
The financial services industry in the Cayman Islands is bracing itself for another rocky year. This jurisdiction could be included on the European Union’s list of high-risk third countries for money laundering that pose significant threats to the financial system of...
by AdrianaAMLP | Jan 20, 2022
The Govt was forced to deny claims that it had scrapped a crucial economic crime bill as MPs from across the house rounded on ministers for failing to tackle the UK capital’s “Londongrad” reputation as a money-laundering hub used by Russian oligarchs, criminals and...
by AdrianaAMLP | Dec 17, 2021
The meeting underlined MONEYVAL’s role as a specialised Council of Europe monitoring body and as a key partner in the global network in the area of AML and combating the financing of terrorism. The Committee adopted the Typologies research report “AML/CFT supervision...
by AdrianaAMLP | Dec 9, 2021
A former Drug Enforcement Administration (DEA) special agent was sentenced in prison for operating a money laundering and fraud scheme. This included conspiracy to commit money laundering, honest services wire fraud, bank fraud, and aggravated identity...
by AdrianaAMLP | Dec 6, 2021
Corruption thrives in the financial shadows-in shell corporations that disguise owners’ true identities, in offshore jurisdictions with lax anti-money laundering regulations, and in complex structures that allow the wealthy to hide their income from government...
Recent Comments