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Weekly Roundup: Former House Speaker Indicted for Structuring, ‘Dread Pirate Roberts’ Sentenced to Life in Prison, and More The U.K., Brazil and Costa Rica have opened their own corruption and money laundering probes of FIFA officials, Cuba’s designation as a State Sponsor of Terrorism was formally rescinded by the U.S., and more, in this week's roundup.
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May 29, 2015
France Leads Group of Seven Push to Take on Terror Financiers G-7 finance ministers on Friday weighed measures to tackle the financing of terrorism, including steps to streamline asset freezes and clamp down on grassroots donations to extremist groups.
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May 29, 2015
Final EU AML Directive Still Open to Interpretation, Says Industry Group Exec As the EU nears final adoption of its latest anti-money laundering directive, questions remain over how nations and companies will implement the plan, the head of an industry advisory group said Thursday.
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May 28, 2015
With Tight POCA Deadline, U.K. SAR Regime Not ‘Fit for Purpose,’ Says Investigator British parliamentarians should expand the window of time investigators have to justify asset freezes based on regulatory transactional reports, a City of London Police official said Thursday.
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May 28, 2015
FIFA Suspects
Following the arrests Wednesday of current and former FIFA committee members, the FBI intends to scrutinize the banks linked to $150 million in suspected bribes to the organization. More...
OSFI Issues Reminder to Financial Institutions on Iran, North Korea Monthly Reports The Office of the Superintendent of Financial Institutions of Canada reminded financial institutions to file required monthly reports on the list of names subject to United Nations sanctions regulations concerning Iran and the Democratic People's Republic of Korea.
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May 29, 2015
U.S. State Department Removes Cuba from List of State Sponsors of Terrorism The Secretary of State made the final decision to rescind Cuba's designation as a state sponsor of terrorism following the expiration of the 45-day congressional pre-notification period.
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May 29, 2015
EU Adds Individual to Syria Sanctions List The Council of the European Union issued Council Decision (EU) 2015/837 amending the restrictive measures in light of the situation in Syria. The decision adds one individual, deletes one individual and amends 10 entries on the list.
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May 29, 2015
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The Financial Crimes Enforcement Network has issued a total of ________ enforcement actions so far this year.
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May 15, 2015



I’ve always found it offensive when tabloids use terms like “rat” or “squealer” to describe the actions of those who report or testify about criminal behavior. It's no less offensive when one of the terms is used in defense of attorney-client privilege.

 

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DOJ: LBBW (Schweiz) AG to Pay $34,000 Penalty Under Swiss Bank Program The U.S. Justice Department and the Zurich, Switzerland-based bank entered into a non-prosecution agreement under which the bank agreed to pay a penalty and disclose information concerning undeclared U.S. accounts.
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May 28, 2015
DOJ: Scobag Privatbank AG to Pay $9,090 Under Swiss Bank Program The U.S. Justice Department and the Basel, Switzerland-based bank entered into a non-prosecution agreement that requires the bank to pay the monetary penalty, disclose their cross-border activities and provide detailed information for accounts in which U.S. taxpayers have interests.
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May 28, 2015
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