UAE ‘At Risk’ of Inclusion on Global AML Watchdog FATF’s Gray List
This week, the FT, citing a senior government official, reported that the UAE has significantly...
2022 Predictions
Every year, we highlight predictions for the year. We are doing so again this year, though it seems...
FinCEN Issues Proposed Rule for Beneficial Ownership Reporting to Counter Illicit Finance and Increase Transparency
Last week, during the U.S.-led Summit for Democracy, the Biden administration released a new...
Advocacy Groups Urge Biden Administration to Expand AML Rules to Private Investment Industry
Last week, the WSJ reported that Senator Sheldon Whitehouse along with a collection of...
New Research Study Suggests Poor AML Oversight of Shell Companies by Financial Industry
This week, the ICIJ reported on a new study by a group of renowned academics that revealed that,...
FinCEN Issues Advisory on Environmental Crime
Last week, the U.S. Treasury Department’s anti-money laundering watchdog, the Financial Crimes...
Heightened Scrutiny on Broker Dealer Compliance Following Court Ruling and Regulatory Action
Last week, the U.S. Supreme Court rejected a petition for review from Alpine Securities in its bid...
The Return of the Czar
This week, the FT reported that the Department of Justice (DOJ) is preparing to launch a crackdown...
Owning Up
Last week, Reuters reported that “as the Biden administration pushes ahead with an effort to combat...
New Rules, Old Goods
This week, the OCCRP reported that an “owner of a swanky Manhattan art gallery, who sold ancient...
A New Regime
This week, from the U.S sanctions against SUEX OTC, the first time the Treasury Department has...
A Universal Downgrade
This week, the Basel Institute on Governance published the 10th annual edition of the Basel AML...
Never Again.
Today, we mark the 20th anniversary of September 11th, 2001. With 33.2% of the world’s population...
KYI - Know Your Influencer
Last month, the Council on Foreign Relations reported that an arrest warrant issued by U.S. law...
Where Do We Go From Here?
This week, with the world’s eyes on Kabul, the Group of 7 announced that they agreed on a plan to...
Canary in the [Gold] Mine
This week, Monzo, an early fintech unicorn, disclosed in its annual report that it is facing a...
The Bulgarian Banksy
Last month, the U.S. State Department and U.S. The Treasury Department sanctioned Vassil Bojkov, a...
It’s Not Me, It’s €.U
This month, the European Union revealed its plan to set up a new agency, the Anti-Money Laundering...
The World [Is Not Enough]
Every day, millions of articles are published to the Internet across multiple platforms, languages...
The Financial Action [Tech] Force
Last week, following its latest plenary, the Financial Action Task Force (FATF), the global AML...
Trade-Based Money Laundering
One might imagine the surprise a Customs Official has when viewing an invoice for toilet paper...
