AML News

Latest news related to Anti-Money Laundering.

December 6 2018 Overseas millionaires seeking to live in the UK face new restrictions for its ‘golden visa’ scheme as part of measures to tackle dirty money. The scheme, introduced in 2008, allows foreign nationals to invest £2 million in the UK in return for a visa of up to five...
December 4 2018 168 arrested, 1 504 money mules and 140 money mule organisers identified as a result of the fourth European Money Mule Action ‘EMMA 4’, a global law enforcement action week tackling the issue of money muling. The action took place over the course of three months...
December 4 2018 Council adopted conclusions on an action plan to better tackle money laundering and terrorist financing. The conclusions set out a number of short-term non-legislative actions to address 8 key objectives.
November 30 2018 Two men have been jailed after being found guilty of laundering almost half a million pounds during a rare gold and platinium scam. A three-year police investigation revealed the use of precious metals such as gold bullion and platinium from the UK, Europe and the Middle East to...
November 29 2018 Around 170 police officers, prosecutors and tax inspectors searched six Deutsche Bank offices in and around Frankfurt on Thursday over money laundering allegations, the Frankfurt public prosecutor's office said in a statement. Investigators are looking into the activities of two Deutsche Bank staff members who are alleged to have helped clients set...
November 26 2018 The stately $17-million mansion owned by a suspected fentanyl importer is at the end of a gated driveway on one of the priciest streets in Shaughnessy, Vancouver’s most exclusive neighbourhood. A block away is a $22-million gabled manor that police have linked to a high-stakes gambler and property developer...