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NEWS: Australia’s Perth Mint agrees to comply with AML laws

Premium November 23, 2023
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INSIGHT: One of the world’s biggest insurance firms has fallen foul of U.S. sanctions – here are the key lessons

IN PHOTOS: Photo’s Leaders in Finance AML-NL Event 2024

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NEWS: AI portfolio manager charged with money laundering, lied to clients claiming $3.5M fund was worth ‘billions’

By Deep Vakil

Australia’s Perth Mint said on Thursday it had entered into an agreement with the country’s financial intelligence agency to fully adhere to anti-money laundering laws after an external audit found compliance issues.

The world’s biggest producer of newly mined gold said it would conclude its anti-money laundering remediation program, which started in March 2021, by April 30, 2025, adding that no fine had been imposed as part of the undertaking.

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INSIGHT: One of the world’s biggest insurance firms has fallen foul of U.S. sanctions – here are the key lessons

IN PHOTOS: Photo’s Leaders in Finance AML-NL Event 2024

 Premium

NEWS: AI portfolio manager charged with money laundering, lied to clients claiming $3.5M fund was worth ‘billions’

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