Macau received a positive assessment in the Asia Pacific Group on Money Laundering (APG) Mutual Evaluation Report (MER) 2017. The
While Sri Lanka has made considerable progress in thwarting money laundering and terrorist financing over the past two years, more
The head of Sri Lanka’s anti-corruption body resigned on Monday, government officials said, days after President Maithripala Sirisena implied her
Australia: Sundance Resources, Snowy Mountain Engineering Co embroiled in bribery scandals in Sri Lanka and Congo
Two Australian companies are being investigated over alleged bribery scandals linked to the presidents of Sri Lanka and the Congo,
Nithya Senani Samaranayake who has functioned as a director of two companies owned by Hambantota district MP Namal Rajapaksa, was
Sri Lankan financial crime police arrested the eldest son of former president Mahinda Rajapaksa on Monday on suspicion of laundering
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 ...
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 ...
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 ...
We know there are tax havens. We just can’t agree on where they are. Although many countries recognise that major corporations divert tax revenue—there’s a reason, after all, why US multinationals hold more than $2 trillion ...
The UK’s Financial Conduct Authority (“FCA”) recently published the final version of guidance on how financial services firms should treat politically exposed customers in order to meet AML obligations. The guidance applies to all firms ...
New Canadian banking rules that took effect July 1 are a “game changer” that could help governments in Victoria and
MAS working with group of Singapore banks to build joint KYC utility for countering money laundering and terrorism financing
In a speech delivered at the Association of Banks in Singapore (ABS) Financial Crime Seminar on July 2017, Mr. Chua Kim
Unicredit, Italy’s largest bank, suffered a data breach affecting 400,000 customers, BBC News reports. The bank said personal data and
Uzbekistan said Friday that it has jailed the eldest daughter of late president Islam Karimov, Gulnara Karimova — once a