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Latest news related to Anti-Money Laundering.

Nearly $3 million transferred from golfer Phil Mickelson to an intermediary was part of "an illegal gambling operation which accepted and placed bets on sporting events," according to two sources and court documents obtained by Outside the Lines. Mickelson, a five-time major winner and one of the PGA Tour's wealthiest...
A FORMER Woking FC striker has admitted money laundering after transferring criminal property worth £278,532 from Ghana. Elvis Hammond, 31, of Erskine Road, Sutton, who played in Cards' championship winning team last season, joined Victor Williams, 32, of Chandos Crescent, Edgware, north London, in the dock at Oxford Crown Court. An...
NOVEMBER 23, 2017 Canada's anti-money laundering agency is helping fight the scourge of fentanyl by tracing the illicit movement of funds tied to the deadly drug. Barry MacKillop, interim director of the federal Financial Transactions and Reports Analysis Centre, says the agency has passed intelligence about the dangerous opioid to law-enforcement...
The APG remains concerned about the serious deficiencies in Vanuatu’s anti‐money laundering and combating the financing of terrorism (AML/CFT) system. Vanuatu’s latest mutual evaluation report, adopted by the APG membership in July 2015, indicates that many of the deficiencies first identified by the APG in 2006 have not yet been...
Readers can search information about the ownership of more than 100,000 offshore entities in tax havens and discover the networks around them. When Bernard Madoff built his $65 billion house of cards; when food distributors passed off horsemeat as beef lasagna in Europe; and when Apple, Google and other American...
November 8, 2018 The European Commission has ordered Denmark and Estonia to completely transpose the fourth anti-money laundering directive into national law or face a possible court battle. “The European Commission considers it a matter of urgency that all the member states transpose this directive as fast as possible,” the commission...