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February 16, 2019 Lately, there has been a lot of talk about money laundering in Pakistan as well as in different parts of the globe. Frequent calls are being made to check and curb the menace and improve legislations so that we can bring back money stashed abroad. Though a lot...
February 11, 2019 A precious metals trader based in the Los Angeles Jewelry District pleaded guilty today to a money laundering charge after being caught in an undercover operation where he agreed to conceal what was described to him as more than $200,000 in drug trafficking proceeds.
 February 13 2019 Why does the Commission present a new list of high-risk third countries? As defined under the Fourth and Fifth Anti-Money Laundering Directives, the EU has to establish a list of high-risk third countries, to make sure the EU financial system is equipped to prevent money laundering and terrorist...
February 12 2019 Authorities have laid charges against 17 people allegedly involved in an extensive international money laundering network with ties to organized crime. At a news conference today, the RCMP said the network had cells in Montreal and Toronto that collected and laundered money from Montreal criminal groups. Supt. Martine Fontaine...
February 8 2019 A highly targeted, malware-laced phishing campaign landed in the inboxes of multiple credit unions last week. The missives are raising eyebrows because they were sent only to specific anti-money laundering contacts at credit unions, and many credit union sources say they suspect the non-public data may have...
February 11, 2019 Norway’s US$1 trillion (RM4.07 trillion) wealth fund is cracking down on corruption risks and suggested that money laundering is one of the dangers it monitors in its portfolio. The fund sold out of 30 companies last year as part of its risk-based divestment regime, on top of the...