Mexico is failing to root out money laundering because it uses a reactive case-by-case investigation approach and law enforcement agencies
The government has agreed not to prosecute Citigroup’s Mexico-based subsidiary despite damning evidence it aided a cross-border money-laundering scheme for
The international community loses hundreds of billions of dollars every year due to trade-based money laundering, says a US report which identifies China, Russia, Mexico and India as the top four sources of illicit financial outflows.
Stefan Cassella of Asset Forfeiture Law, LLC comments on US v Rains, which evaluated the definition of ‘excessive’ forfeiture of property in
After an eventful 2017, the year ahead will unlikely be dull on the United Kingdom’s anti-money laundering (AML) scene. The past 12 months ushered in key reforms, including the Fourth Anti-Money Laundering Directive, the UK’s ...
December was a busy month in Washington DC, chiefly because of the tax bill promoted by President Trump and his Republican colleagues in the Congress. Its final stages were so intensely debated as to drown ...
City law firm Hogan Lovells is fighting off allegations of its complicity in a wide-ranging South African corruption scandal, after Lord Peter Hain accused it of producing a “whitewash” report for a government unit. The ...
Leicestershire Police have seized 26 bitcoins and other assets worth £1 million from an individual allegedly linked to an ongoing money laundering investigation. A police spokesman told KYC360 that the East Midlands Special Operations Unit had ...
The European Union acted correctly by de-listing a significant number of states from its group of non-cooperative jurisdictions in taxation
A significant number of British multinational corporations have undisclosed compliance problems and many are reluctant to speak out because they
The United Kingdom’s Government Communications Headquarters (GCHQ) is closely monitoring digital currency bitcoin, part of measures to examine emerging cyber
French Finance Minister Bruno Le Maire has appointed a ‘bitcoin tsar’ to examine cryptocurrency-linked financial crime and regulation amid growing