Banking, EU/Europe, Financial Services, Regulatory
US real estate firms forfeit over $50m to federal government after cross-border ‘peso exchange’ laundering scandal
EU/Europe, Featured Article, Regulatory
Brexit helps police in Ireland trace money launderers as they find a second €1M in cash concealed in taxi – as total seized in January tops €3M
Asia-Pacific, Financial Services, Gaming
COVID recovery could mean more laundering risks for Australia, experts warn. Gaming industry once again the centre of country’s AML threats
Banking, Financial Services, North America, Regulatory
US Defence Act allows Treasury and attorney general to access more records from foreign banks
Chinese AML fines tripled in 2020 report finds as lawmakers step up legislation
Lagarde heaps criticism on bitcoin; labels it a ‘funny business asset’ while repeating her expectations that ‘digital euro’ is on the horizon
Latvian authorities seize €4.5M and charge three in money laundering investigation stemming from flower shop
Bribery case leads to swift change of government in Estonia; PM resigns but maintains innocence amid continuing probe into Tallinn development project corruption
Banking, Crypto, EU/Europe, Regulatory