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.
The Estonian unit of Swedbank AB is a suspect in a money-laundering investigation, after a special white-collar crime investigator with Estonia’s Central Criminal Police notified...
Singapore-based financial crime prevention firm Silent Eight has closed a $40 million Series B funding round, the company said in a news release Wednesday (March...
The Financial Action Task Force, an intergovernmental agency that fights against money laundering, will soon put the United Arab Emirates on its so-called “gray list”...
AnnaLou Tirol, deputy director of money laundering and terrorist financing watchdog Financial Crimes Enforcement Network (FinCEN), on Thursday (March 3) told attendees at AML Intelligence’s...
The growth of new bitcoin ATMs that let people buy and sell cryptocurrencies slowed in the first two months of the year, with just 1,817...
Crown Resorts, Australia’s largest casino operator, is accused of violating money-laundering mandates in a lawsuit filed by the country’s financial watchdog in federal court on...
Whether or not Russia is able to use cryptocurrency to bypass sanctions is the hottest question in the virtual assets industry. Get the Full Story...
In the latest rebuke to Russian President Vladimir Putin for invading Ukraine, British Prime Minister Boris Johnson’s government plans to pass legislation designed to curb...
In today’s top Europe, Middle East and Africa (EMEA) news, Russia’s financial services were further handicapped when the National Bank of Ukraine revoked the licenses...