Tag: financial crime enforcement actions

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

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...

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...

The long-running debate over corporate ownership transparency in the United States has entered a decisive new phase, with the Financial Crimes Enforcement Network (FinCEN)...

The International Financial Services Centres Authority (IFSCA) has updated its Anti-Money Laundering, Counter-Terrorist Financing and Know Your Customer (AML/CFT/KYC) Guidelines, consolidating regulatory changes made...

The U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) has imposed a $125 million civil money penalty on UBS Financial Services Inc. (UBSFS) for...

A fugitive on the FBI’s Most Wanted Fraudsters List was returned Saturday to the Southern District of Florida to face federal charges for her...

Please be advised that details in respect of the following individuals/entities which are designated under The Russia (Sanctions) (EU Exit) Regulations 2019, have been...

Please be advised that the following entry has been corrected under the Russia (Sanctions) (EU Exit) Regulations 2019: Daria ROSLIAKOVA (Unique ID: RUS3697) The individual referred...

Please be advised that the following ship has been specified under the Libya (Sanctions) (EU Exit) Regulations 2020 (the UK regulations): IMO 9058713 (‘AVAX’) (Unique...

The Senate's path toward a long-stalled Russia sanctions package accelerated dramatically in July, propelled by an unusual combination of bipartisan negotiation, a last-minute White...

Please be advised that the following entity, has been removed from the UK Sanctions list and is no longer subject to an asset freeze...