News

Two decades after the terrorist attacks of Sep. 11, 2001, U.S. private equity firms and hedge funds that manage trillions of dollars in assets continue to escape anti-money laundering supervision, the Financial Times reported. More Efforts by governments and financial institutions alike to tackle terrorist funds after the attacks increasingly appear to have taken a backseat to cybersecurity and other compliance-related concerns in recent years, ACAMS moneylaundering.com reported. More German authorities raided two federal government ministries as part of their investigation into the alleged failure of their country's financial intelligence unit to supply law enforcement with transactional data on nearly...