In 2019, the US Federal Trade Commission slammed a $5 billion fine on Facebook for privacy violations, while European regulators are pressing for adherence to its GDPR.
On February 8th, Henry Moniz will join Facebook as its first chief compliance officer in a bid to salvage the company from a litany of anti-trust suits. Moniz, who previously held the same position at media giant ViacomCBS, is an attorney by profession who has worked with Viacom since 2004.
Subscribe now to have unlimited access
With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!
Bruna Szego addresses the public for AMLA in Dublin
AMLA
At the European Anti-Financial Crime Summit in Dublin, Ms. Bruna Szego, the inaugural Chair of the European Anti-Money Laundering Authority (AMLA), delivered a keynote speech, to an audience of public and private sector stakeholders, highlighting the Authority’s strategic priorities and the urgent need for unified, cross-sector action against financial crime.
Ms. Szego underscored the transformative potential of AMLA, describing it as "a significant step ushering in a new chapter of enhanced cooperation and unified action in our shared mission to counter money laundering and terrorism financing."
Charge upgraded for WA man allegedly involved in cross-border $1.69 million cash and tobacco trafficking
The AFP has upgraded a charge against a West Australian man scheduled to appear in Perth Magistrates Court today (9 May, 2025) over his alleged role in an illicit tobacco smuggling syndicate.
The AFP initially charged the Baldivis man, 26, on 28 March, 2025, with proceeds of crime and illicit tobacco offences after seizing bundles of cash that were concealed in microwave ovens waiting to be shipped to Melbourne, as well as thousands of illicit tobacco products.