Myanmar (Burma)The Central Bank of Nigeria issued a circular to regulated financial institutions about blacklisting bank personnel in Nigeria.
The United Nations Office on Drugs and Crime published a report that scrutinizes waste trafficking and highlights links to transnational organized crime.
Weekly Roundup: World-Check Database Hacked, Treasury Appeals CTA Case, and More
Adult children robbing elderly parents, and more, in the weekly roundup.
US Government Appeals Alabama Judge’s Beneficial Ownership Injunction
In a case that could either limit or uphold the Corporate Transparency Act, lawyers representing the Treasury Department argued in an appeal that a federal judge in Alabama overrode well-established powers of Congress in a ruling last month that the law violates the Constitution.
EU Lawmakers Want UAE Kept on Money Laundering Watchlist
The Solicitor Regulation Authority decided that Albert Partington, a solicitor and director of Ogden Lyles & Fox, must pay a fine of £11,013.67 for violating the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 and other breaches of conduct.
The Hong Kong Monetary Authority disciplined a branch of the Taipei, Taiwan-based financial institution for breaching the Anti-Money Laundering and Counter-Terrorist Financing Ordinance.
| Technical | Effectiveness |
|---|---|
| Compliant : 7 | High : 0 |
| Largely Compliant : 18 | Substantial : 0 |
| Partially Compliant : 13 | Moderate : 1 |
| Non-Compliant : 2 | Low : 10 |
Myanmar's technical compliance was re-rated in a Oct. 25, 2023 follow-up report.
| Rank : 107/110 |
| Score : 7.83/10 |
| Rank : 137/179 |
| Score : 28/100 |
| Rank : N/A |
| Score : N/A |