Source: complyadvantage.com
After stepping up enforcing regulations in recent years, China is planning to launch a nationwide crackdown on money laundering, Bloomberg reported. The People’s Bank of...
A report from anti-graft charity Spotlight on Corruption says economic crime in the U.K. ends up costing the government “hundreds of times more” than the...
Hackers from North Korea swiped close to $400 million in cryptocurrencies across at least seven cyberattacks that targeted investment firms and centralized exchanges, with 58%...
Top stablecoin issuer Tether froze more than $1 million worth of USDT in a private digital wallet last week, effectively making it unusable. Ethereum block...
UBS has filed an appeal over a Paris court’s decision that upheld the company’s conviction for money laundering, Reuters reported Monday (Dec. 20). The decision...
Four Indiana executives once associated with the now-defunct Banc-Serv Partners LLC were sentenced to prison in federal court this week. The government alleged that all...
Federal prosecutors say that a former Olympic speed skater fraudulently obtained $10 million in COVID relief funds, using some of that money to finance a...
The U.K.’s Financial Conduct Authority (FCA) has fined HSBC Bank £63,946,800 ($84.7 million) for “failings” in its anti-money laundering (AML) system. The FCA reported the...