News

The U.S. Financial Crimes Enforcement Network issued guidance and other materials for flagging certain non-financed acquisitions of residences by legal entities or trusts for anti-money laundering purposes pursuant to requirements that take effect in March. More FinCEN met with financial institutions and law enforcement agencies to discuss how to deny money launderers in China access to the global financial system. More Prosecutors in Geneva rejected Reyl Bank's request to launch a criminal investigation into the Organized Crime and Corruption Reporting Project after the news outlet published details of the private lender's anti-money laundering violations, Weekly Blitz reported. More The OCCRP...