Tag: aml compliance

Ecuadorian authorities have arrested Luisa González, a prominent opposition politician and former presidential candidate, as part of an investigation into alleged irregularities in political...

The Office of the Comptroller of the Currency (OCC) has issued a cease-and-desist order and imposed a $350 million civil money penalty against American...

Former Republican congressman David Rivera was sentenced to 10 years in prison on Friday after being convicted of conspiring to commit money laundering and...

Bolivian authorities have confirmed the arrest of Attorney General Roger Mariaca on suspicion of involvement in drug trafficking, money laundering and organised criminal activity,...

Alex Nain Saab Moran, a 54-year-old Venezuelan businessman and former Minister of Industry under the government of former Venezuelan President Nicolás Maduro, has pleaded...

A high-profile criminal case involving former Georgian Defense Minister Juansher Burchuladze has concluded with a plea agreement that significantly reduces his period of imprisonment...

The Reserve Bank of India (RBI) has introduced a new Standard Operating Procedure (SOP) for banks to identify and manage suspected money mule accounts,...

Former Philippine House Speaker and incumbent Leyte Representative Martin Romualdez was arrested on Monday in connection with a plunder case alleging that he and...

New Zealand’s proposed Anti-Money Laundering and Countering Financing of Terrorism (Omnibus) Amendment Bill seeks to reshape the country’s anti-financial-crime framework, combining greater flexibility for...

Singapore is moving to formalise and strengthen its regulatory framework for stablecoins, with the Monetary Authority of Singapore (MAS) publishing a consultation paper proposing...

Massachusetts State Representative Francisco Paulino has been arrested and charged with allegedly fraudulently obtaining more than $700,000 in COVID-19 unemployment benefits and federally backed...

Armenian state prosecutors have detained former President Robert Kocharyan and formally charged him with multiple corruption-related offences, opening a new legal battle involving one...

The United States has significantly expanded its sanctions framework targeting Iran, bringing the country’s digital-assets sector directly into the scope of a new campaign...

Last week saw a truly seismic change in the Anti Money Laundering landscape. In the USA, FinCen announced that The Corporate Transparency Act no...