News

The German prosecutor who orchestrated the raid on his country's financial intelligence unit for allegedly obstructing justice dropped his investigation amid lack of evidence and legal uncertainty, Sueddeutsche Zeitung reported. More Lithuania's central bank revoked a local electronic money institution's license and fined the company €280,000 following a series of egregious anti-money laundering violations, ACAMS moneylaundering.com reported. More France's financial intelligence unit applauded an increase in suspicious transaction reporting by notaries, real estate professionals and other non-financial entities, but reports received from the fast-growing cryptocurrency sector were flat, ACAMS moneylaundering.com reported. More U.K. authorities are investigating racehorse owner John Dance...