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Denmark watchdog chief calls for a re-examining of rules around data privacy vs data sharing, otherwise the risk remains that ‘some money laundering we won’t get at’

INSIGHT: EBA seeks feedback on so-called ‘name and shame’ bank AML database – a ‘key tool’ in efforts to stop dirty money

INSIGHT: Undecided cases make up the lion’s share of compliance expenses in customer onboarding; new research says the longer they remain undecided, the more they cost

Insurance arm of French banking giant faces multi-million euro penalty for AML failings

Swedbank handed fresh multi-million euro fine for anti-money laundering shortcomings

Malta imposes over €4.6 Million in fines for failures in anti-money laundering regimes

INSIGHT: America the key enforcer as €3.9BN in financial penalties issued in Q1 this year – down 44pc on 2020; US authorities target both domestic and international companies with heavy fines

Dozens arrested in major mafia crackdown in Italy and Germany; 800 officials deployed to disrupt suspected trafficking and laundering networks

Council of Europe hits out at Romania’s anti-corruption measures; warns levels of compliance remain ‘very low,’ and calls for more action

Malta’s FIU hails ‘successful’ 2020 for AML; record-breaking reporting and staff increases shine in a year dominated by COVID and foreign oversight
