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December 10 2018 Israel is achieving good results in identifying and responding to its money-laundering and terrorist financing risks, but needs more focus on supervision and preventive measures. The FATF and FATF-Style Regional Body MONEYVAL jointly assessed Israel’s anti-money laundering and counter terrorist financing (AML/CFT) system. The assessment is a comprehensive review...
December 7 2018 The United Kingdom has a well-developed and robust regime to effectively combat money laundering and terrorist financing. However, it needs to strengthen its supervision, and increase the resources of its financial intelligence unit.  The FATF has conducted an assessment of the United Kingdom’s anti-money laundering and counter terrorist financing (AML/CFT)...
December 10 2018 Package of transparency and anti-corruption measures to address the abuse of Scottish Limited Partnerships that has been linked to money launderingMeasures will bring greater transparency and more stringent checks to those registering a Limited PartnershipAnnual filing requirements will ensure Companies House has accurate information on...
December 10 2018 Detectives in Kuwait have been called to investigate several social media influencers for money laundering, according to reports. Arabic publication Al-Jarida cited sources as confirming the notices regarding more than 10 bank accounts belonging to social media stars.
December 12 2018 The Dutch Central Bank, De Nederlandsche Bank, wants to regulate crypto companies by requiring them to get licenses in order to operate. The bank claims the measure will deter money laundering and the use of cryptocurrencies to fund terrorism, according to a short brief in Dutch daily newspaper De Telegraaf....
December 12 2018 The initiative analyses billions of transactions, bringing together payments data from multiple banks to help fraud teams pinpoint potential mule accounts – where people are involved in suspected illegal activities – and see where the money has been siphoned off to. Those behind the scheme said it will...