The Joint Money Laundering Steering Group released proposed revisions to Part I of its Guidance to reflect reporting amendments introduced by the Money Laundering and Terrorist Financing (Amendment) (No. 2) Regulations 2022.
The Brunei Darussalam Central Bank and Dubai Financial Services Authority issued a joint statement highlighting their entry into a memorandum of understanding to enhance regulatory supervision.
Weekly Roundup: Russian Gold Imports Spike, Tornado Cash Creator Will Question Accuser, and More
Swiss bank ignored red flags, Steve Bannon’s trial scheduled, and more, in the weekly roundup.
Legal Brief: Australia Cracks Down on Gambling Sector’s AML Weaknesses
The ACAMS moneylaundering.com legal team explores Australia’s efforts to improve anti-money laundering compliance at casinos and other gaming companies
Midweek Roundup: US Prosecutors Assemble Case Against SBF, Russia Seeks Help in Avoiding Blacklist, and More
The New York State Department of Financial Services issued a consent order against the Evansville, IN-based company that specializes in nonprime lending that requires it to pay a $4.25 million civil monetary penalty for cybersecurity control failures.
The Financial Industry Regulatory Authority imposed a fine of $25,000 against the Lakewood, Colorado-based investment advisor for violating the regulator’s rules concerning Bank Secrecy Act compliance.
|Compliant : 21||High : 0|
|Largely Compliant : 16||Substantial : 4|
|Partially Compliant : 3||Moderate : 7|
|Non-Compliant : 0||Low : 0|
Belgium's technical compliance was re-rated in a Sept. 3, 2018 follow-up report
|Rank : 16/110|
|Score : 3.94/10|
|Rank : 15/179|
|Score : 76/100|
|Rank : 50/133|
|Score : 45/100|