Financial Crimes

AMLA Explained: Why Every Bank, Fintech, Crypto Firm and Compliance Officer Should Pay Attention

Financial Crimes Mayur Joshi -
The European Union has taken one of its biggest steps yet to strengthen the fight against money laundering and terrorist financing with the establishment...

Regional tensions drive increase in financial fraud, UAE responds with stronger measures

Financial Crimes Tejaswini Deshmukh -
Financial fraud is rapidly becoming one of the biggest threats to the global economy. This concern was highlighted at a major global fraud summit...

Ma Xingrui under corruption probe as China’s anti-corruption watchdog intensifies action

Corruption Tejaswini Deshmukh -
A major political development has emerged in China as Ma Xingrui, a senior leader of the Communist Party and...

Suspicious oil and stock trades before Iran post raise corruption concerns

Corruption Tejaswini Deshmukh -
Unusual trade activity was seen in global markets early on a Monday, just minutes before a major social media...

US court rules against Treasury-backed property buyer disclosure requirement

Money Laundering Tejaswini Deshmukh -
A United States district court has struck down a major rule that aimed to increase transparency in property deals...

Former Shaolin Temple leader Shi Yongxin accused of financial crimes and misconduct

Financial Crimes Tejaswini Deshmukh -
Prosecutors in central China have officially charged Shi Yongxin, the former abbot of the famous Shaolin Temple, with serious...

Bithumb faces 37 billion won fine and partial business suspension after AML violations

Money Laundering Tejaswini Deshmukh -
The cryptocurrency market in South Korea faced a major regulatory action as one of the country’s largest exchanges, Bithumb,...

US Treasury links polo patrons and Swiss bank to alleged Venezuelan oil corruption network

Corruption Tejaswini Deshmukh -
A notice issued by the United States Department of the Treasury has raised concerns about alleged money laundering linked...
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