Category: AML

Regulatory Watch News

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  Italy: EPPO dismantles international cigarette smuggling network

  European Public Prosecutor's Office

  January 15, 2025

  (Luxembourg, 15 January 2025) – In an investigation led by the European Public Prosecutor’s Office (EPPO) in Palermo (Italy), the Italian Financial Police (Guardia di Finanza) carried out searches in the provinces of Palermo, Trapani, and Naples today. As part of the action, 14 suspects were arrested, two were placed under house arrest, and assets worth approximately €1 million were seized.

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  EFCC Trains Officers of Liberia Anti-Corruption Commission

  EFCC

  January 15, 2025

  The Economic and Financial Crimes Commission, EFCC, on Monday,  January 13, 2025 commenced a four-day training of officers of the Liberia Anti-Corruption Commission, LACC, at its Academy in Karu,  Abuja. The training, which focuses on Financial Crimes and Investigative Report Writing,  is designed to strengthen and deepen the capacities of officers of LACC for broad-based investigation and analysis of different types of financial crimes.

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  Phishing messages and fraudulent websites related to Octopus Cards Limited

  HKMA

  January 15, 2025

  The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Octopus Cards Limited relating to phishing messages and fraudulent websites.  The relevant stored value facility (SVF) licensee has reported the case to the HKMA.