Category: Analysis

Page 1/15

INSIGHT: GDPR revamp the opportunity for EU bank data-sharing to fight financial crime

Premium

INSIGHT: What banks need to know about FinCEN’s new alert on armored car cash smuggling to Mexico

IN FOCUS: We meet Sardine co-founder Soups Ranjan and put the spotlight on his professional life

LATEST: Deal on ‘strike force’ against organized crime, money laundering prevents US- Canada trade war

Premium

INSIGHT: Marshall Islands company hit with US sanctions – here are the key lessons

INSIGHT: Corporate secrecy ‘scourge’ in fight against fincrime, time for fully public BO registers, says Financial Times

Premium

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

Premium

INSIGHT: Crypto industry pushes for policy sea change after Trump victory

NEWS: AML Intelligence’s Technology Newsletter gets over 20,000 subscribers in just two weeks

Premium

INSIGHT: Why a beer company’s $860k fine for dealing with North Korea is a crucial lesson on U.S. sanctions

Premium

INSIGHT: Florida’s Axiom Bank hit with AML consent order – here are the key points

Premium

ANALYSIS: The key problems identified in the massive Wells Fargo AML enforcement order

...

Press Statement: SCUML Certificate Is Not CLEARANCE BY EFCC
EFCC
April 22, 2025
ST Technologies (not CBEX) registered with the Special Control Unit against Money Laundering, SCUML in line with Section 17 of the Money Laundering (Prevention & Prohibition) Act, 2022. Registration is a statutory requirement for all Designated Non-Financial Businesses and Professions, DNFBPs, in Nigeria in consonance with Nigeria’s Anti-Money Laundering/ Control of Financing Terrorism, AML/CFT regime. The EFCC is not a clearing house or regulatory authority of online businesses. But financial fraud of any kind is the remit of the Commission, and it is committed to ensuring justice for victims of the CBEX scam.
Fraudulent website and internet banking login screen related to Shanghai Commercial Bank Limited
HKMA
April 22, 2025
The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Shanghai Commercial Bank Limited relating to a fraudulent website and an internet banking login screen, which have been reported to the HKMA. A hyperlink to the press release is available on the HKMA website.
SEC Awards $6 Million to Joint Whistleblowers
SEC
April 21, 2025
Washington D.C., April 21, 2025 —

The Securities and Exchange Commission today announced an award of approximately $6 million to joint whistleblowers who provided new information that led to the opening of an examination and provided a roadmap for an enforcement action that resulted in the covered action.
“Today’s award illustrates that the agency can leverage whistleblower information in various ways, including by prompting an examination,” said Jonathan Carr, Acting Chief of the SEC’s Office of the Whistleblower. “If that examination ultimately results in an enforcement action, the whistleblower may be eligible for an award.”