News

A U.S. court dropped anti-money-laundering charges against MoneyGram after federal prosecutors said the global remitter fully remediated compliance lapses as mandated by a 2012 deferred prosecution agreement, The Wall Street Journal reported. More Representatives of the EU asked the European Court of Justice to fine authorities in Luxembourg on a daily basis until they fully adopt the bloc's latest AML standards, Luxembourg Times reported. More During a recent onsite examination of Malta by Moneyval, the European affiliate of the Financial Action Task Force, local officials spent $76,000 on an advertising campaign to draw attention to improvements to their nation's AML...