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Latest news related to Anti-Money Laundering.

May 29 2017 Taiwan’s new anti-money laundering laws which will become effective on June 28, 2017 will expand the scope of anti-money laundering investigations to include family, friends and even lovers of politicians, top leaders of Academia of Sinica, and Taiwanese representatives posted abroad, reported United Daily News (UDN).  The...
October 7 2017 The government has zeroed in on 5,800 companies suspected to have laundered money after demonetisation, a government statement said on Friday, calling it the “tip of the iceberg” of corruption.  The number was based on data submitted by 13 banks on post-demonetisation transactions by some of the more...
December 26, 2017 The Israel Securities Authority said it is moving to ban trading in cryptocurrency-based companies on the Tel Aviv market until transactions involving digital coins are legally regulated.  The head of the authority, Shmuel Hauser, said on Monday, December 25, that the stock market regulator would discuss the proposal...
May 31 2018 The Council of Europe anti money laundering and counter terrorist financing body MONEYVAL has just published its General Activity Report for 2017. Presenting the report to the Committee of Ministers of the Council of Europe on 30 May, the Chairman of MONEYVAL, Daniel Thelesklaf, pointed out that it is evident that the...
The quest by the Federal Government to tackle corruption squarely received another challenge as a recent report from the U.S based Strategic Study and Advocacy Group the Global Financial Integrity recently rated Nigeria in the first 10 leading nations in the incidence of money laundering. This practice has been one...
November 14, 2017 HSBC’s decision to pay 300 million euros ($352.5 million) to settle an investigation into tax dodging by French citizens will end proceedings against the bank provided it does make that payment, the French financial prosecutor’s office said on Tuesday. The financial prosecutor added in a statement that the...