Analysis & Opinion, EU/Europe, Regulatory
Crypto, North America, Regulatory
AMLi NEWS UPDATE: American crypto payments company BitPay pays $500,000 after violating US sanctions; ‘they knew what they were doing,’ says OFAC
Banking, EU/Europe, Financial Services, Regulatory
British Compliance chief calls on firms to invest in compliance; warns against frameworks being relegated to ‘binders on a bookshelf’
Banking, EU/Europe, Financial Services
HSBC installs Holdings compliance chief as Group’s interim CCO in major senior management reshuffle.
Banking, Financial Services, Technology
Digitalisation and wildlife are on the agenda for FATF as AML plenary continues this week
Asia-Pacific, Crypto, Financial Services
Sydney man arrested after $2M in cash found in vehicle; police expect more arrests as probe into bitcoin laundering ring continues
Banking, EU/Europe, Technology
‘Are you related to Eamon Ryan?’- Revolut asked customer if he was linked to politician, blocked his account for not answering
EU/Europe, Financial Services, Regulatory
Jersey trust fined over £500k for AML breaches which could have put millions of Angolan public funds at risk
British universities have accepted £52m in cash from overseas students from ‘high-risk’ countries, exposing a money laundering risk
Banking, EU/Europe, Financial Services
AML in Lithuania ‘has never been more relevant’; Central Bank warns of increased responsibility as digital payments surge in 2020
EU/Europe, Financial Services, Regulatory