As Russia sanctions enter their third week, they are without doubt having a major effect on the Russian economy; its stock markets are closed, the Rouble has collapsed in value, and western companies are leaving the country. But the collateral damage on the West and particularly the EU is significant;… Read More
As the war in Ukraine continues to reverberate across the world, we have dedicated the first section of this week’s AML Roundup to updating you on the sanctions that have been introduced over the last 7 days. In addition, we highlight the key takeaways from FATF’s annual plenary, together with… Read More
As the war rages in the Ukraine, the international business community is understandably concerned that it is able to comply fully with the sanctions that are being imposed by governments across the world. To help you to keep track of the huge swathe of sanctions that have been introduced over… Read More
In this week’s roundup: With Russia’s invasion of Ukraine, countries have been issuing sanctions in an attempt to stop further aggression. Credit Suisse dominated the headlines at the start of the week with a whistleblower leaking information about over 18,000 accounts held at the bank. We also looked at the… Read More
In this week’s roundup: tracing The Caymans Islands AML journey, Tim Cooper investigates the impact the alternative payments boom is having on compliance teams, Iran evading sanctions with exports, HMRC seizes NFT for the first time. These updates are emailed to our weekly KYC360 subscribers every Friday. Read More
In this week’s roundup: Dev Odedra investigates the relationship between de-risking and money laundering, David Prosser investigates how EMIs could become a hub for money laundering, episode 26 of the AML Talk Show with guest Ruth Paley and NFTs could cause new risks in the art world. These updates are… Read More
In the first roundup of the month: FCA could use more criminal powers after NatWest case, Seychelles fighting corrupted past, Pilatus licence denied and China launches three-year anti money laundering campaign. These updates are emailed to our weekly KYC360 subscribers every Friday. Subscribe here! FCA could use… Read More
In this week’s roundup: Malta grey listing analysis – a chance to boost compliance reputation?, UK government forced to defend itself over money laundering problems, fast fashion continues to fuel human rights crisis in China and UAE’s AML and CTF task force seize Dh2.3bn in 2021. These updates are emailed… Read More
In this week’s roundup: UAE’s fight against gold smuggling, ex-FATF chief says “fining banks for money laundering doesn’t work”, AUSTRAC widens probe into the country’s second largest casino operator, UK Treasury says £3.4bn in Covid payments have been lost to fraud, a brief look at how NFTs can be used… Read More
In this week’s roundup: David Prosser investigates UAE’s potential FATF grey listing, Airbus faces lawsuit, Twitch money laundering investigation results in arrests, RiskScreen’s how-to-guide to risk-based customer screening, UK to investigate dirty money from Russia, French arms deal threatened by corruption claims and Seychelles investigates missing aid money. These updates… Read More
Must Read