News

The U.S. Financial Crimes Enforcement Network said the novel coronavirus pandemic has driven a further rise in suspicious activity reports on transactions allegedly linked to the online sexual exploitation of minors, ACAMS moneylaundering.com reported. More The U.K. gambling regulator has ramped up enforcement of anti-money laundering rules to stop addicted and other "problem" patrons from wagering with stolen or borrowed funds, moneylaundering.com reported. More A police raid in Berlin last week unearthed a letter from Justice Ministry officials to their counterparts at the Finance Ministry criticizing the German financial intelligence unit's risk-based approach for determining whether to refer suspicious transactions...