AML News

Latest news related to Anti-Money Laundering.

February 28, 2019 Over 7,000 cases of suspected money laundering linked to cryptocurrencies were reported to police in 2018, the National Police Agency said Thursday. The figure jumped more than tenfold from the 669 cases reported in a shorter period between April and December in 2017, when it became mandatory for...
February 27 2019 Three Wyoming restaurants participated in a multistate drug money laundering scheme, authorities allege in a 50-page civil complaint filed Friday in federal court. The filings state that Mexican fast food restaurants in Colorado and Wyoming — including Rodolfo’s Mexican Grill in Cheyenne, Rolando’s Mexican Grill in Cheyenne and...
February 26, 2019 Swedbank faced embarrassment as the leading Swedish bank in the Baltics was forced to change the external auditor investigating money-laundering claims at the lender after less than a week. The Swedish bank said on Tuesday that it would use Forensic Risk Alliance, an international investigative consultancy that has worked...
February 27 2019 Former Barcelona president Sandro Rosell has been released pending trial after spending nearly two years in prison accused of money laundering. After a three-day hearing this week, Spain's national court decided that Rosell and his business partner, Joan Besoli, were no longer a flight risk and could be...
February 26 2019 The Russian Supreme Court has included the illicit use of cryptocurrencies in the list of criminal offences related to money laundering, local legal news site Pravo reported on Tuesday, Feb. 26. The court has introduced new amendments to the anti-money laundering (AML) decree issued in July 2015. These clarifications relate to Russian criminal code articles...
February 25 2019 Last updated on the Securities and Exchange Commission issued SEC Memorandum Circular 15 (Series of 2018) or the “Guidelines for the Protection of SEC Registered Non-Profit Organizations from Money Laundering and Terrorist Financing Abuse.” The guidelines (MC 15) were published on November 8, 2018, and will take...