News

National Australia Bank and Citibank severed ties to digital payment processor Airwallex after identifying alleged lapses in the firm's anti-money laundering compliance controls, the Sydney Morning Herald reported. More Malta's BNF said in a statement that a scheme in which former manager and accused money launderer Albert Buttigieg handled funds for oil smugglers occurred after he left the bank three years ago, the Times of Malta reported. More Authorities in Bosnia and Herzegovina sought the arrest of a former director of Raiffeisen Bank's domestic subsidiary suspected of laundering funds, Der Standard reported. More Chinese regulators extended anti-financial crime compliance obligations...