News

German officials are reviewing whether withdrawing and giving Iran €300 million from Germany-based, Iranian-owned trade bank Europaisch-Iranische Handelsbank would violate U.S. sanctions, the Financial Times reported, citing Bild. More European Union officials called for stronger AML controls and the creation of a bloc-wide AML supervisor amid the implementation of the Fifth Anti-Money Laundering Directive and scandals at banks in Latvia, Estonia and Malta this year, Reuters reported. More The Cayman Islands Financial Reporting Authority received 563 suspicious activity reports in the last six months of 2017, Cayman Compass reported. More HM Revenue & Customs issued more than $3 million in...