Seychelles enacted the Anti-Corruption (Amendment) Act, 2022, which amends existing legislation to close a loophole that had prevented the prosecution of money laundering that occurred before the Anti-Money Laundering and Countering the Financing of Terrorism Act, 2020 came into force.
The Anti-Corruption Commission of Seychelles announced the arrest of a high-profile couple as part of the agency’s investigation into an alleged $50 million corruption and money laundering scheme.
U.S. title insurance firms reported thousands of potentially illicit real estate deals, Westpac knew of AML deficiencies for years, and more, in the weekly roundup.
French judicial officials will decide in a month whether prosecutors have gathered enough evidence to try the son of Equatorial Guinea’s president, Singapore initiated its first-ever terrorism financing case under a 2002 law, and more, in this week’s roundup.
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|Compliant : 11||High : 0|
|Largely Compliant : 18||Substantial : 0|
|Partially Compliant : 7||Moderate : 1|
|Non-Compliant : 4||Low : 10|
Seychelles' technical compliance was re-rated in a Oct. 7, 2021 follow-up report
|Rank : 48/141|
|Score : 5.59/10|
|Rank : 27/180|
|Score : 66/100|
|Rank : 95/133|
|Score : 70/100|