NEWS: Head of Spanish police AML unit arrested as €20m cash found in his home; dirty money linked to 13 tonnes cocaine haul

Regulatory Watch News

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  Treasury Sanctions Sudanese Commander Involved in Human Rights Abuses in West Darfur

  ofac

  November 12, 2024

  WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is sanctioning Abdel Rahman Joma’a Barakallah (Barakallah) for his leadership role in the Rapid Support Forces (RSF), a primary party responsible for the ongoing violence against civilians in Sudan since April 2023. Barakallah led the RSF’s campaign in West Darfur, which was marked by credible claims of serious human rights abuses, including targeting of civilians, conflict-related sexual violence (CRSV), and ethnically motivated violence. This action is in furtherance of the United Nations Security Council’s November 8 designation of Barakallah and fellow RSF commander Osman Mohamed Hamid Mohamed, who was previously designated by the Department of the Treasury in May 2024.

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  FinCEN Requests Comments on Proposed Form for Compliance with Residential Real Estate Rule

  FinCEN

  November 12, 2024

  WASHINGTON—Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a 60-day notice in the Federal Register concerning the form that select real estate professionals will use to report information about certain residential real estate transfers under the Residential Real Estate Rule. This notice gives the public an opportunity to comment on the reporting form, as well as FinCEN’s estimate of the burden involved in the reporting process.

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  Europol warns of organised crime networks recruiting minors for criminal acts

  Europol

  November 12, 2024

  Europol has today issued an intelligence notification on the recruitment of minors by criminal networks across Europe. Developed using information contributed to Europol from law enforcement authorities, the notification exposes how criminal organisations target young people via social media and encrypted messaging to recruit them to commit acts of serious organised crime.