The governments of the United States and Qatar issued a joint statement as part of the Third U.S.-Qatar Strategic Dialogue highlighting the need for further cooperation on national security issues, including the fight against terrorism and terrorist financing.
The Qatar Financial Markets Authority announced the signing of a memorandum of understanding with the Qatar Financial Center Authority on anti-money laundering and counterterrorist financing cooperation.
U.S. money-mule schemes have spiked during COVID-19, IRS seeks help in tracking Monero transactions, and more, in the midweek roundup.
Wirecard execs flagged in 36 German STRs, Nordic lenders establish joint KYC platform, and more, in the weekly roundup.
The Qatar Financial Centre Regulatory Authority fined the Doha, Qata-based insurance intermediary firm for violations of the Anti-Money Laundering and Combating Terrorist Financing Rules 2010 and the General Rules 2005.
The Qatar Financial Centre Regulatory Authority entered into a settlement with two former directors of the Doha, Qatar-based company requiring them to pay $200,000 each in satisfaction of anti-money laundering and counterterrorist financing deficiencies.