News

A U.K. court revised freezing orders against two corporate accounts at HSBC to allow blacklisted Russian banker Petr Aven to cover hundreds of thousands of pounds of living expenses each year, ACAMS moneylaundering.com reported. More A former U.S. Treasury official told The Wall Street Journal that the use of artificial intelligence for AML purposes will probably become a "regulatory expectation" in the future in light of the growing number of banks that have successfully adopted it and other technologies. More Several German states trimmed the number of AML supervisory staff they have assigned to monitor certain non-bank businesses and professions...