Archives

Page 219/341

Deloitte’s Global Head of Investigations Deirdre Carwood on three recommendations to combat illicit finance and the pathway forward

Premium

INSIGHT: Half of UK consumers would switch banks if their lender was involved in money laundering scandal, report finds

Premium

BREAKING: France must improve AML measures in real estate and has to deploy more specialised financial crime investigators, FATF says

Premium

Chair of UK All Party Anti-Corruption Parliamentary Group says dirty money ‘contaminates’ UK’s public sphere

Premium

US Assistant Secretary of the Treasury warns illicit finance is a ‘major national security threat’ as Treasury launches 2022 National Strategy

EVENT: Top investigative editor from media group who published ‘Panama Papers’ leaks to speak at ‘AML Intelligence’ Brussels event on June 14

Premium

KPMG slapped with £14.4M (€16.8M) fine by UK Financial Reporting Council over forged audit documents

Premium

EU proposed crypto framework ‘flawed’ – CEO of European Policy Studies

Premium

UK announces sanctions against ‘shady network’ funding Russian President Vladimir Putin’s ‘lavish lifestyle’ in latest sanctions package

Premium

AUSTRAC’s Chief Executive defends financial crime regulator after NSW Police Assistant Commissioner said watchdog was ‘not swinging hard enough’

OPINION: ‘Time for real estate agents to get serious about tackling money laundering’ – FATF President

Premium

EU to sanction former gymnast reportedly close to Putin

...

...

Italy: EPPO seizes assets in investigation into EU funding fraud involving ceramic production
European Public Prosecutor's Office
April 30, 2025
(Luxembourg, 30 April 2025) – At the request of the European Public Prosecutor’s Office (EPPO) in Palermo (Italy), a freezing order of €800 000 was issued against five individuals and one company suspected of EU funding fraud involving ceramic production. The Italian Financial Police (Guardia di Finanza) of Sant’Agata di Militello subsequently seized real estate, bank accounts and cash found in the possession of the suspects.
EFCC Charges Banks on Improved KYC, Enhanced Collaboration
EFCC
April 30, 2025
The Economic and Financial Crimes Commission, EFCC , has called on financial institutions across the country to strengthen their collaboration with the Commission towards ridding the nation of economic and financial crimes and other acts of corruption. This charge was given on Tuesday, April 29, 2025 in Port Harcourt, Rivers State by the Acting Zonal Director of EFCC, Assistant Commander of the EFCC, ACE1 Adebayo Adeniyi while addressing bank compliance officers. He admonished them to always carry out their duties of conducting Customer Due Diligence and Know your Customers in order to strengthen the fight against corruption.
Treasury Targets Network Procuring Missile Propellant Ingredients for Iran
OFAC
April 29, 2025
WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating six entities and six individuals based in Iran and the People’s Republic of China (PRC) for their role in a network procuring ballistic missile propellant ingredients on behalf of Iran’s Islamic Revolutionary Guard Corps (IRGC). This network has facilitated the procurement of sodium perchlorate and dioctyl sebacate from the PRC to Iran. Sodium perchlorate is used to produce ammonium perchlorate, which is controlled by the Missile Technology Control Regime (MTCR), a multilateral political understanding among states that seek to limit the proliferation of missiles and missile technology. Both ammonium perchlorate and dioctyl sebacate are chemicals usable in solid propellant rocket motors, which are commonly used for ballistic missiles.