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AML Case studies / Reports

Case studies/ reports which can provide in-depth knowledge of this area. Updated regularly.

July 28 2016 There are numerous case studies of how money has been laundered through the UK, a systematic examination of which would begin to fill some of the current gaps. Two schemes originating in post-Soviet jurisdictions help to identify certain risks. The UK is often only one part of...
Introduction This report is the second in a series of FINTRAC publications that are intended to provide strategic financial intelligence and feedback to reporting entities about suspicious transactions reports (STRs). The first FINTRAC report on Trends in Canadian Suspicious Transaction Reporting, released in May 2011, presented a preliminary analysis of STRs submitted...
April 21, 2016 Since 2009, financial institutions have been assessed about $12 billion in fines, penalties, and forfeitures for violations of Bank Secrecy Act/anti-money- laundering regulations (BSA/AML), Foreign Corrupt Practices Act of 1977 (FCPA), and U.S. sanctions programs requirements by the federal government. Specifically, GAO found that from January 2009...
OCTOBER 30 2016 To catch the Colombian cartel’s money launderers, Robert Mazur and his colleagues started in the same way as many successful fraudsters: from the feet up. A reformed thug whom Mazur met at a bail hearing advised him to invest the US government’s funds in expensive shoes, to...
July 30 2017 Detection and reportage of suspicious transactions, fake currency notes and cross-border fund transfers in the country's economic channels doubled in the last fiscal year, leading to unearthing of over Rs. 560 crore black money, a government report has said. The report of the Financial Intelligence Unit (FIU),...
Terrorist organisations and non-profit organisations have very different objectives, but often rely on similar logistical capabilities:  Funds, material, personnel and public influence are key resources for non-profit organisations (NPOs).  Terrorist organisations seek the same resources to further their cause, which makes NPOs vulnerable for abuse by terrorists or terrorist...