The European Commission will be forced to draw up a new blacklist of countries that facilitate money laundering after the
State department adds Hamza bin Laden, who was named an al-Qaida member in 2014, to global terror list, saying he is ‘actively engaged in terrorism’.
A sexual harassment lawsuit directed at its general manager; a whistle-blower discrimination claim by an ousted compliance officer; a US$215 million fine for failure to check money laundering involving Russia, Yemen and Afghanistan.
A new report from Transparency International, the global anti-corruption movement, shows that the pace of implementing anti-corruption reforms by the
An eight-year effort to identify and root out corruption in the government of Afghanistan was largely window dressing, and cases
Officials of the Attorney General Office (AGO) reported on the government’s serious efforts to prevent corruption, adding establishment of judicial
Nigeria and Afghanistan have taken “remarkable steps forward” on corruption, David Cameron told MPs – a day after calling the countries “fantastically corrupt”.
This article was written by Natasha Reurts for the Bright Line Law Portal, and is republished here with BLL's permission. In March of this year, the UK government announced the introduction of a new anti-money laundering ...
KYC360 speaks to Dennis Lormel, former Chief of the Financial Crimes and Terrorist Financing sections of the FBI. Mr Lormel was serving at the time of the 9/11 attacks, and helped shape the way banks, ...
What exactly is a tax haven? As far as we are aware, there is no universally accepted definition. Typically, the term is used to describe a jurisdiction that offers favorable tax or other conditions. It ...
As regulatory compliance initiatives move toward utilizing machine learning and artificial intelligence (AI), what effect might the increased efficacy of AML programs have on developing nations and small financial players without large compliance budgets? More ...
This article first appeared on LinkedIn and is republished here with the author's permission. I admit it, several of my friends launder money, and yours do to. The four cases below show just how easy it ...
Bhutan — the tiny Himalayan kingdom nestled between China and India — now writes an anti-corruption story unlike any I
Shell companies have been called the “getaway cars” of corruption. In some jurisdictions, including the United States, individuals can easily
The Tanzania Revenue Authority (TRA) has closed five distillery plants in Arusha Region for alleged tax evasion. The TRA’s Manager
US lawmakers introduced legislation on Thursday to strengthen sanctions against the Hezbollah terror group. The proposed law, which is an