LONDON (Reuters) - A network of dummy online stores offering household goods has been used as a front for internet gambling payments, a Reuters examination has found.The seven sites, operated out of Europe, purport to sell items including fabric, DVD cases, maps, ... Read More →
Latest updates around the world on AML/CFT.
PRESS RELEASE BY MINISTRY OF FINANCE, SINGAPORE On 21 June 2017, Singapore will sign the Multilateral Competent Authority Agreements (“MCAAs”) on:the Automatic Exchange of Financial Account Information under the Common Reporting Standard (“CRS”); and the Exchan ... Read More →
Foreign Minister Gerry Brownlee has announced a significant boost to support Pacific island countries comply with international anti-money laundering standards.New Zealand is providing $3.6 million to the Asia-Pacific Group on Money Laundering.“The Group is a c ... Read More →
WASHINGTON (Reuters) – The United States wants China to become more involved in supporting the global fight against terrorism and efforts to defeat Islamic State, including in Iraq, a senior U.S. official said on Monday ahead of high-level security talks with B ... Read More →
UNITED STATES - Senators have taken aim at digital currencies, such as bitcoin and ethereum, with a new anti-money laundering (AML) bill.Senators Chuck Grassley of Iowa and Dianne Feinstein of California introduced the bill titled “Combating Money Laundering, T ... Read More →