News

The Taliban's conquest of Afghanistan has exposed the staff and records of the nation's financial intelligence unit, FinTRACA, to retaliation and abuse, sources told ACAMS moneylaundering.com. More FinTRACA suspended operations following the change in government, Reuters reported, citing four employees. More Regional banks in Japan have raised fees on foreign remittances or considered exiting the money transmission business altogether amid mounting costs to comply with heightened rules against terrorist financing, Japan Times reported. More Some French banks have shuttered the accounts of clients residing in Lebanon to avoid transactions tied to corruption, Le Figaro reported. More Regulators in New Zealand...