Log in/out

Our extensive knowledge at your fingertips

On the Web

Over 40 years of articles and reference material

A page dedicated to global, regional, UK and US anti-money laundering developments and initiatives.

Browse the resource database or make a subselection.

Latest editions

Search

U

FCN publishes financial crime dashboard for South Africa

December 15, 2023

The FCN South Africa Dashboard offers a concise analysis of financial crime, covering threats, vulnerabilities, and responses, with 150 data points including key risk and performance indicators…

Swiss Banking Secrecy Eroded: The Next Targets in Line – Shell Companies and the Future of Global Financial Transparency

December 14, 2023

The Swiss shell-company industry faces a substantial challenge as the government proposes a draft law mandating companies to disclose true ownership and requiring attorneys to report suspicious transactions in the fight against money laundering…

A Ukrainian billionaire’s ties to a $122 million London penthouse raise questions about the UK’s foreign ownership crackdown

December 11, 2023

Exposed documents reveal the wealthiest individual in Ukraine orchestrated offshore maneuvers to acquire a lavish London penthouse, prompting inquiries into his absence from the UK’s recent registry designed to unveil property ownership by oligarchs through shell companies.

Bank of England to review rise of AI use by financial services companies

December 10, 2023

Machine learning and some types of AI were already being widely used for fraud and money laundering detection, but applications for other forms were only at an exploratory stage…

Crypto scam: Inside the billion-dollar ‘pig-butchering’ industry

November 28, 2023

Fraudulent crypto investment schemes directed from Asia known as “pig butchering” have become a global billion-dollar industry. Reuters traced at least $9 million linked to such scams to an account registered to a well-connected representative of a Chinese trade group…

Singapore bank concern grows about illegal money flows, MAS says

November 27, 2023

Singapore’s finance firms are now more concerned about risks stemming from potential money laundering and terrorism financing, in the wake of the island-wide raid earlier this year that captured more than US$2 billion in a crime ring…

Money mules who laundered funds for rogue traders who scammed elderly sentenced

November 27, 2023

A group of people who laundered money for rogue traders who had scammed elderly people have been sentenced for their role in the £250,000 scheme. Two elderly people were scammed out of tens of thousands of pounds each by rogue traders …

There is an epidemic of transnational crime. We need a global response

November 25, 2023

Criminal groups around the world are using the dark web and other tools to create a whole new business model – gone are the days of codes of silence amongst tight-knit groups; these criminal groups do not even know who they are working with and are making…

Economic Terrorism: The dark connection between scam centres and human trafficking

November 24, 2023

Addressing human trafficking within scam centres as acts of terrorism requires a multifaceted approach, including legal reforms, international cooperation, and public awareness campaigns. Only by confronting this issue head-on can we hope to protect the vulnerable…

UK men funnelled bribes to top Saudi officials, London court told

November 20, 2023

The former managing director of an Airbus subsidiary paid millions in bribes to senior officials linked to the Saudi Arabian National Guard to win valuable contracts, prosecutors told a London court…

13 banks back the MoneyMail campaign to force tech giants to crack down on fraud