AML Case studies / Reports

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

December 18 2015 Serious and organised crime costs the Australian economy $36 billion per year, according to a new analysis undertaken by the Australian Crime Commission. The detailed cost analysis, which includes a cost breakdown of different organised crime types for 2013–14, is the first of its kind to be undertaken...
A new report by the Centre for Research on Multinational Corporations (SOMO) presented today at the European Parliament reveals that with the signature of the Free Trade Agreement (FTA) between the EU, Colombia and Peru, there is a great risk of increased economic instability, tax evasion and even laundering...
By Vicki Landon, CAMS, FLMI, CFCS  Extract from the white paper: The Bank Secrecy Act (BSA) requires that insurance companies identify and report suspicious activities, which is the ultimate goal of transaction monitoring. Companies are free to choose how they monitor transactions – via manual processes, exception reports, and/or transaction monitoring...
SOCA's Annual Report and Accounts for the financial year 2011/12 is published today (Wednesday 04th July 2012). The Annual Report, the sixth to be published by SOCA, describes SOCA’s performance over the year in respect of the major illegal commodities and identified threats which it is tasked with tackling. The...
The Financial Crimes Enforcement Network (FinCEN) today released an analysis of Mortgage Fraud SAR Filings in Calendar Year 2012. FinCEN’s data on suspected mortgage fraud shows that reports declined 25 percent in 2012 (from 92,561 to 69,277) as compared to the previous year. The past three years of suspected...
June 18 2017 Ping He, 52, was known as the "godmother" in a Sydney-based money laundering syndicate.  As she walked through the streets of Sydney's north shore in Australia, she appeared a humble and unassuming woman on the way to the convenience store she ran. But inside her Yeo Street apartment...