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Money Laundering

Office of Public Affairs | Ohio Man Sentenced for Freedom of Access to Clinic Entrances (FACE) Act Violation, Communicating Interstate Threats and Conspiracy

Human Rights July 24, 2024

An Ohio man was sentenced today for threatening to destroy a reproductive health services facility in Columbus, Ohio, and for conspiring to commit money laundering. Mohamed Waes, 33, was sentenced to 66 months in prison, three years of supervised release and was ordered to pay...

Updates to the AML/CFT/CPF Handbook — GFSC

July 19, 2024

The Commission has today issued an amendment to the country list in Appendix I of the Handbook on Countering Financial Crime (AML/CFT/CPF) (the “Handbook”) reflecting the Financial Action Task Force (“FATF”)’s updated list of...

Ex-Minister of Power, Saleh Mamman, Remanded Over N33.8 Billion Money Laundering Charges

July 11, 2024

On Thursday, the Federal High Court in Abuja ordered the remand of former Minister of Power, Saleh Mamman, in connection with a N33.8 billion money laundering case. The court directed that Mamman be...

Trident Trust Company (Guernsey) Limited and Mr Mark Wilson Le Tissier, Mr Ryan Daniel Dekker and Mrs Boonyasinee (“Kwan”) Queripel — GFSC

July 8, 2024

The Financial Services Business (Enforcement Powers) (Bailiwick of Guernsey) Law, 2020 (the “Enforcement Powers Law”) The Regulation of Fiduciaries, Administration Businesses and Company Directors, etc (Bailiwick of Guernsey) Law, 2020 (the “Fiduciaries Law”) The Criminal Justice (Proceeds...

Money Laundering

Office of Public Affairs | Ohio Man Sentenced for Freedom of Access to Clinic Entrances (FACE) Act Violation, Communicating Interstate Threats and Conspiracy

Human Rights July 24, 2024

Updates to the AML/CFT/CPF Handbook — GFSC

July 19, 2024

Ex-Minister of Power, Saleh Mamman, Remanded Over N33.8 Billion Money Laundering Charges

July 11, 2024

USA
Events: 10,500 events
Fines: USD290 Bn
Imprisonment: 1,245,000 months
Entities (including individuals and organizations): 17K

UK
Events: 1,750 events
Fines: USD18 Bn
Imprisonment: 150,000 months
Entities: (including individuals and organizations): 3K

India
Events: 510 events
Fines: USD45 Mn
Imprisonment: 3,800 months
Entities: (including individuals and organizations): 400

South Africa
Events: 120 events
Fines: USD32 Mn
Imprisonment: 20,090 months
Entities: (including individuals and organizations): 190

Screening

IDAHOT 2024: freedom and equal rights in Europe | News item

KYC May 8, 2024

Together with the Council of Europe, the Netherlands is hosting the European IDAHOT+ Forum in The Hague from 14 to 16 May. The forum is an important conference on the position and human...

AMLYZE and Plumery Join Forces to Redefine FinTech: Fusion of Cutting-Edge Anti-Financial Crime Tech with Next-Gen Digital Banking

PEPs November 24, 2023

AMLYZE, a distinguished RegTech specializing in combating financial crimes, and Plumery, a leading provider of digital banking solutions, have announced a strategic partnership. This collaboration aims to reshape the FinTech landscape by integrating...

ESG

FSA Weekly Review No.595 July 19, 2024

ESG July 19, 2024

July 11, 2024 Publication of a draft Cabinet Order, draft Cabinet Office Orders, and a draft regulatory notice in response to the enactment (in FY 2023) of the "Act Partially Amending the Act on Book-Entry Transfer of Corporate Bonds and Shares," etc. to respond to changes in the environment involving advances in information technology <Summary> The FSA published a draft Cabinet Order, draft Cabinet Office Orders, and a draft regulatory notice (hereinafter collectively referred to as "Ministerial Orders" or "the proposal") in response to the "Act Partially Amending the Act on Book-Entry Transfer of Corporate Bonds and Shares," etc. to respond to changes in the environment involving advances in information technology, which...

Crypto

New EBA Guidelines on the ‘Travel Rule’ for Fund and Crypto Asset Transfers

July 4, 2024

The European Banking Authority (EBA) has introduced new Guidelines on the 'travel rule', detailing the information that must accompany transfers of funds and certain crypto assets. This rule aims to combat the misuse...

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Fraud, Bribery & Corruption

Anti-Corruption Protesters Arrested in Uganda

Fraud, Bribery & Corruption July 25, 2024

On July 23, police in Uganda’s capital Kampala detained at least 45 people protesting...

Office of Public Affairs | Two Dominican Nationals Extradited in Connection with Grandparent Scam

July 23, 2024

Two residents of Santiago de los Caballeros, Dominican Republic, were extradited to the United States last week and made their initial appearance in Newark federal court yesterday on charges relating to their participation...