The financial intelligence units of the Netherlands, Germany, and Canada issued a joint alert concerning the illegal procurement of dual-use goods by Russian actors.
HM Treasury’s Office of Financial Sanctions Implementation, the U.S. Office of Foreign Assets Control, and other members of the Price Cap Coalition issued a compliance and enforcement alert that provides guidance on the implementation of the oil price cap.
Weekly Roundup: Fintrac Investigates ‘Cyber Event,’ US Officials Warn Austrian Bank, and More
Brazilian ex-president’s son charged with money laundering, lawsuit against Silvergate Bank clears hurdle, and more, in the weekly roundup
EU’s Beneficial Ownership Regime Deputizes Banks, Creates New Workload
Reports of discrepancies between the ownership details banks receive from their legal-entity customers and the details those same legal entities file to national authorities across the EU have surged since 2020, figures obtained by ACAMS moneylaundering.com show.
Weekly Roundup: UK Bribery Scandal Used US Bank Account, Germany Fines Solaris, and More
Record AML Fine Puts German Fintechs on Notice
The Federal Financial Supervisory Authority issued an order against the Frankfurt, Germany-based bank that requires it to remedy shortcomings in its anti-money laundering and counterterrorist financing measures.
The Federal Financial Supervisory Authority issued a notice requiring the Frankfurt, Germany-based securities firm to improve its compliance with anti-money laundering and counterterrorist financing measures.
Technical | Effectiveness |
---|---|
Compliant : 17 | High : 0 |
Largely Compliant : 20 | Substantial : 4 |
Partially Compliant : 3 | Moderate : 7 |
Non-Compliant : 0 | Low : 0 |
Rank : 107/141 |
Score : 4.42/10 |
Rank : 9/179 |
Score : 80/100 |
Rank : 14/133 |
Score : 52/100 |