News

Australia's Crown Resorts reached a settlement with the country's anti-money laundering regulator, AUSTRAC, pursuant to which the casino conglomerate will pay a $290 million penalty, The Sydney Morning Herald reported. More The U.K. Treasury's sanctions department launched an investigation into the finances of Farhad Moshiri, the owner of soccer club Everton, amid suspicions he maintains financial ties with blacklisted Russian oligarch Alisher Usmanov, the Guardian reported. More A case before the U.S. Supreme Court challenging a 40-year-old legal precedent that governs federal regulatory power could have far-reaching consequences for AML and counterterrorist financing rules and enforcement, sources told ACAMS moneylaundering.com...