Anti-money laundering (AML) refers to a set of laws, regulations, and procedures intended to prevent criminals from disguising illegally obtained funds as legitimate income. Though anti-money-laundering laws cover a relatively limited range of transactions and criminal behaviors, their implications are far-reaching.
Swiss-listed investment services company Leonteq said Wednesday (March 6) it was unaware that French regulators told prosecutors of possible irregularities at the firm. Get the Full...
The Financial Action Task Force (FATF) has added new countries to its “increased monitoring” list. Get the Full Story Complete the form to unlock this article and...
Transactive Systems, an electronic-money company in the United Kingdom, is reportedly ceasing operations following the revocation of one of its licenses due to concerns about...
Is the tide turning in America’s war on money laundering? Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Raiffeisen Bank International (RBI) disclosed Thursday (Feb. 22) that it is being investigated by Austria’s financial regulator, FMA, over alleged anti-money laundering (AML) failures. Get the Full...
Federal financial regulators are reportedly investigating allegations made by two whistleblowers regarding Cash App. Get the Full Story Complete the form to unlock this article...
Hawk AI, a provider of artificial intelligence (AI)-powered technology for fraud and anti-money laundering (AML) surveillance, has appointed Robin Lee as general manager for the Asia-Pacific (APAC)...
PortX, an integration technology company for financial institutions (FIs), has teamed with compliance platform Hummingbird. Get the Full Story Complete the form to unlock this article...