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Latest news related to Anti-Money Laundering.

January 14, 2019 Some 2,500 jewellers and businesses dealing with precious stones and metals in Singapore are due to meet tighter rules to curb money laundering and terrorism financing, as called for under international standards. Under a new Bill here, regulated...
January 15 2019 Illegal gambling will continue to drive people to suicide and facilitate money laundering and match-fixing unless government action is taken, warns the Asian Racing Federation. In a research paper, the ARF’s anti-illegal betting task force outlines the widespread...
January 17 2019 In February 2015 The International Consortium of Investigative journalists (ICIJ) revealed that Nepalis held Rs5 billion in secret Swiss bank accounts. Most people thought the money must have been parked there by Nepal’s corrupt politicians. But after the...
January 17 2019 As Kai-Fu Lee explains in his recent book, AI Superpowers: China, Silicon Valley and the New World Order, artificial intelligence (AI) and machine learning have moved from the age of discovery to the application and implementation stage. Data scientists...
January 6, 2019 If ever there was the need to showcase the extent to which there is an endemic problem surrounding money laundering at large banks, look no further than 2018. While the release of the Panama Papers in 2016 exposed the scale through...
January 9, 2019 The first half of this two-part blog focused on the role that some of the world’s largest financial institutions played in facilitating illicit financial flows in 2018. Most of those cases centered on inadequacies in their anti-money laundering (AML) controls that resulted in...