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Latest news related to Anti-Money Laundering.

AUGUST 25, 2017 A former Guinea government minister was sentenced to seven years in prison on Friday following his conviction of laundering $8.5 million in bribes that U.S. prosecutors say he took in exchange for helping a Chinese conglomerate secure mining rights. The sentence, as imposed by U.S. District Judge Denise...
October 6, 2016 The federal government will try to close a loophole in Canada’s anti-money laundering system that excludes lawyers from having to report suspicious transactions, Postmedia has learned. In 2015, the Supreme Court of Canada ruled that, unlike other professionals such as bankers and real estate agents, lawyers do not have to report to...
May 2 2016 Abu Dhabi Global Market (ADGM) has signed a memorandum of understanding with the UAE’s Central Bank intended to boost cooperation on the Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) initiative, the financial centre said on Monday. The MoU was signed by ADGM’s Financial Services Regulatory Authority...
February 8 2016 Financial transactions worth 11.7 trillion rubles ($152 billion) were classified as "suspicious" in Russia last year, the TASS news agency reported Monday, citing state financial watchdog Rosfinmonitoring. The volume of transactions possibly linked to money laundering last year was almost equal to the 2014 volume. In 2013, the...
The original version of this article is in Dutch. Below is the translated text Criminals abuse the desperation of the unemployed. In personal emails, they offer them a job with golden  prospects. Work that amounts to fraud and money laundering. Job related emails regularly end up in your mailbox: Messages containing an attractive...
August 3 2018 Deutsche Bank has uncovered shortcomings in its ability to fully identify clients and the source of their wealth, more than a year after it was fined nearly $700 million (€603 million) for allowing money laundering. In two confidential reviews, dated June 5th and July 9th, Germany’s biggest lender detailed...