A Spanish money laundering cartel that used virtual currency exchanges to obscure the origins of illicit funds has been busted, Europol announced on Wednesday. The action marks the latest strike...
On May 6-7, 2019, the Financial Action Task Force (FATF) held its annual Private Sector Consultative Forum in Vienna, in which 300 private sector representatives from the financial sector and...
North Korea appears to be stepping up efforts to circumvent sanctions by performing an end-run around the banking sector, instead using cryptocurrency to raise funds and make purchases, researchers...
Pakistan has stepped up its efforts to be scratched off the Financial Action Task Force’s (FATF) list of problem jurisdictions with the high-profile publication of new measures to implement United...
China has come under heavy fire in its latest evaluation by the Financial Action Task Force (FATF), with the world’s second largest economy drawing criticism for its failure to manage terrorist and...
Finland will bolster its anti-money laundering (AML) department and implement a more stringent risk-based approach to supervision following criticism of its measures for combating financial crime.
On April 16, 2019, the Financial Action Task Force (FATF), after a comprehensive review of Finand's existing framework on anti-money laundering and counter-terrorist financing (AML/CTF), published...
Proliferation financing looks set to become a growing priority for financial institutions, as more governments and trade bodies follow the lead of the Financial Action Task Force (FATF) and turn...
On March 28, 2019, the Financial Action Task Force (FATF) published the fourth follow-up report and technical compliance re-rating of Norway, as adopted by the FATF Plenary at its February 2019...
On March 27, 2019, the Financial Action Task Force (FATF) published the first follow-up report and technical compliance re-rating of Italy, as adopted by the FATF Plenary at its February 2019...
Palestinian militant organisation Hamas has urged its followers to donate funds anonymously using global virtual currency exchange platforms, doubling down on efforts to boost its coffers using...
UK authorities will soon be issuing their response to the recent evaluation of the country by the Financial Action Task Force (FATF), with a strategic plan coming in the summer and an imminent...
On March 14, 2019, the Financial Action Task Force (FATF), ahead of the fourth round of its anti-money laundering and counter-terrorism financing (AML/CTF) mutual evaluations, published a report on...
EU member states on Thursday unanimously rejected a proposed list of countries with poor anti-money laundering (AML) and counter-terrorist financing (CTF) controls, sending the European Commission...
There were no prosecutions under the UK’s Money Laundering Regulations for more than a year after the transposition of recent European legislation, government statistics reveal.
The European commissioner in charge of a controversial dirty money blacklist that triggered a member state mutiny against Brussels launched a staunch defence of the list in front of supportive...

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