News

U.S. regulators are seeking authority to exempt financial institutions from filing suspicious activity reports if they can provide the same information through more innovative, effective means, ACAMS moneylaundering.com reported. More Swiss prosecutors charged Credit Suisse with helping Bulgarian drug traffickers launder roughly $18 million from 2004 to 2008, The Wall Street Journal reported. More Maltese authorities apprehended a couple suspected of helping criminals launder millions of euros through Satabank, a local lender that collapsed last year amid claims of widespread compliance violations, the Times of Malta reported. More A Swiss court upheld the conviction of a fugitive ex-banker for UBS...