Our extensive knowledge at your fingertips

Latest editions

Search

INTERPOL-led initiative seizes illegal products worth more than USD 200m in South American operation

November 20, 2024

Operation Crete II (August to September 2024) brought together 12 countries to combat a range of intellectual and industrial property infringements. These included the illicit trade of counterfeit fashion items, medical products, as well as digital piracy. The operation, coordinated and supported by INTERPOL, focused on products that pose a threat to the health and safety of consumers…

FATF announces Korea’s progress in strengthening measures to tackle ML and terrorist financing publication details language

November 17, 2024

Korea has made progress in addressing compliance deficiencies from its 2020 Mutual Evaluation Report. As a result, the FATF has re-rated Korea on one recommendation, moving Recommendation 8 from partially compliant to largely compliant. Korea is now compliant on 13 recommendations largely compliant on 20, and partially compliant on 7…

FATF praises South Africa for the progress it has made in addressing most of the technical compliance deficiencies identified in its MER

November 16, 2024

Country is re-rated to largely compliant on Recommendations 2, 6 and 15. Covering national cooperation and coordination, targeted financial sanctions related to terrorism, and virtual assets.

APG publishes mutual evaluation reports for the Marshall Islands, Papua New Guinea and Timor-Leste

November 14, 2024

These MERs provide a snapshot of the Marshall Island’s system as at the date of the onsite visit in November/December 2023, Papua New Guinea’s system at the date of the onsite in October 2023 and Timor-Leste’s system as at the date of the onsite visit in September 2023.

Open Secrets investigates South Africa’s property laundromat in new report

November 14, 2024

This multi-year investigation exposes how politically connected elites from other African nations use South African real estate to conceal the proceeds of grand corruption, facilitated by local professionals. Lawyers and real estate agents, as detailed in this report, play a key role in enabling these transactions, often at the expense of anti-money laundering laws.

Singapore’s National Anti-Money Laundering Strategy sets out the strategic approach to address ML risks

November 10, 2024

Singapore’s National Anti-Money Laundering (AML) Strategy sets out the strategic approach to address money laundering (ML) risks and will guide our risk-targeted actions to combat ML amidst rapidly changing risks, trends and criminal typologies. Combatting ML is of national importance to Singapore. Maintaining an effective AML framework protects Singapore’s system from illegal activities and illicit asset fund flows and reinforces Singapore’s reputation as a trusted international financial centre and business hub…

GIABA reports significant progress by Côte d’Ivoire in addressing technical compliance gaps identified in 2023 Mutual Evaluation

November 8, 2024

Côte d’Ivoire remains in enhanced follow-up, but is re-rated to Compliant on Recommendation 11 (record-keeping), Recommendation 18 (programs to prevent AML/CFT) and Recommendation 20 (reporting of suspicious transactions).

UNODC estimates that opium cultivation in Afghanistan has increased by 19% during the second year of the drugs ban

November 7, 2024

The increase follows on a 95 per cent decrease in cultivation during the 2023 crop season, when the de-facto Authorities of Afghanistan enforced a ban that virtually eliminated poppy cultivation across much of the country. Despite the increase in 2024, opium poppy cultivation remains far below 2022, when an estimated 232,000 hectares were cultivated.

UNODC issues report on Drug trafficking dynamics across Iraq and the Middle East: Trends and Responses

November 6, 2024

Notes that Iraq is becoming ‘a critical juncture in the complex trafficking dynamics observed in the Near and Middle East region’, with activity related to the production and trade of the methamphetamine ‘Captagon’ being of heightened concern.

FATF re-rates South Korea on Recommendation 8 concerning the abuse of NPOs for terrorist finance

October 29, 2024

Korea is compliant on 13 Recommendations and largely compliant on 20. The country has 7 Recommendations rated partially compliant.

INTERPOL in collaboration with the Korean National Police Agency (KNPA) convened the first-ever Future of Policing Congress to address emerging challenges facing law enforcement

October 23, 2024

The Future of Policing Congress is organized into three sessions: the first explores future scenarios, the second examines their impact on law enforcement, and the final session focuses on how law enforcement can prepare to face future challenges…

MAS releases Joint Advisory on rise in Government Official impersonation scam variant featuring impersonation of banks

October 22, 2024

In this variant, the victim would first receive an unsolicited call from a scammer impersonating a bank officer, typically from DBS, OCBC, UOB or Standard Chartered Bank. The scammer would inform the victim that a credit card has been issued under the victim’s name, or that there were suspicious or fraudulent transactions detected in the victim’s bank account, and would ask the victim to confirm these financial transactions…

No results found.