TOP STORY

Sep

17

EU Lawmakers Plan New Committee on Financial Crime

German MEP Sven Giegold, speaks to Green Party delegates on Saturday, Nov. 10, 2018, in Leipzig, Germany. In an interview with ACAMS moneylaundering.com, Giegold said he and other European lawmakers want to create a more permanent panel to investigate financial crime. (Getty Images)

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Legs & Regs

HM Treasury Publishes Updated Version of Asset Freeze Sanctions List

HM Treasury modified its Consolidated List of Financial Sanctions Targets in the United Kingdom, which contains the names of designated individuals and entities subject to international asset freezing and domestic sanctions under the Terrorist Asset-Freezing etc. Act 2010.

September 23, 2019

EU Amends One Entry on CAR Sanctions Lists

The European Union issued Council Implementing Regulation (EU) 2019/1574, which amends the restrictive measures with respect to the Central African Republic by amending one listing.

September 23, 2019

AUSTRAC Develops AML Resources for Staff of Pubs, Clubs

The Australian Transaction Reports and Analysis Centre announced the development of new products for pubs and clubs designed to highlight money laundering and financial crime risks faced by electronic gaming machine venues.

September 23, 2019

Transparency International Report Highlights Increase in Perceived Corruption in Latin America, Caribbean

Transparency International published its 2019 report “Global Corruption Barometer: Latin America and the Caribbean 2019 – Citizens’ Views and Opinions of Corruption,” which shows most citizens think their governments are not doing enough to tackle corruption.

September 23, 2019

Financial Crime Matters: ISIS, Hezbollah and Terror Finance with Celina Realuyo

September 23, 2019

In his new podcast, Kieran Beer, editor in chief of ACAMS moneylaundering.com, interviews the movers and shakers of the anti-financial crime world. Listen to fast-paced conversations about the latest financial scandal to hit newsstands, and insights on trending financial crime topics.

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More News

Source

Financial Crime Matters: ISIS, Hezbollah and Terror Finance with Celina Realuyo

By : Kieran Beer

In his new podcast, Kieran Beer, editor in chief of ACAMS moneylaundering.com, interviews the movers and shakers of the anti-financial crime world. Listen to fast-paced conversations about the latest financial scandal to hit newsstands, and insights on trending financial crime topics.
September 23, 2019

US Sanctions Against Iran’s Central Bank to Impact Host of OFAC Licenses

By : Valentina Pasquali

U.S. officials blacklisted the Central Bank of Iran, a sovereign wealth fund and a firm allegedly run by the country's Defense Ministry on Friday, a week after a drone attack on Saudi Arabian oil facilities erased millions of barrels from global energy supplies.
September 20, 2019

Weekly Roundup: US Officials Target Iran’s Central Bank, Lebanese Lender to Liquidate, and More

FBI subpoenas lenders for client data, former banker accuses several financial institutions of facilitating German tax fraud, and more, in the weekly roundup.
September 20, 2019

German AML Bill Takes Aim at High-Risk Correspondent Relationships

By : Gabriel Vedrenne and Koos Couvée

September 18, 2019

Midweek Roundup: Standard Chartered Rescreens Clients, London Lender Settles Sudan Sanctions Violations, and More

September 18, 2019
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Enforcement Actions

OFAC: ​British Arab Commercial Bank Plc to Pay $4 Million Penalty to Settle Sanctions Violations

The Treasury Department's Office of Foreign Assets Control issued a $4 million civil penalty against the London, United Kingdom-based to resolve 72 apparent violations of the Sudanese Sanctions Regulations between Sept. 21, 2010 and Aug. 27, 2014.
September 17, 2019

Latvian Regulator Fines JSC PrivatBank €1,019,319 for AML/CTF Failures

Latvia's Financial and Capital Market Commission issued the fine against the Dnipro, Ukraine-based bank for violations of the anti-money laundering, counterterrorist financing and proliferation financing rules.
September 13, 2019

CFTC Orders Phillip Capital Inc. to Pay $1.5 Million for Cybersecurity Violations

September 12, 2019

UK Gambling Commission Fines Silverbond Enterprises Limited £1.8 Million for Money Laundering Failures

September 11, 2019

AUSTRAC Issues AU$252,000 Infringement Notice to Compass Global Holdings Pty Ltd for Reporting Failures

September 10, 2019