News

Plans by the U.S. Comptroller of the Currency to ease the burden associated with Bank Secrecy Act-related examinations for community banks are expected to be welcomed by industry, but also carry risks, analysts told ACAMS moneylaundering.com. More EU officials plan to depart from the Financial Action Task Force's "gray list" of nations with weak anti-money laundering regimes by adding Russia to the bloc's own watchlist of "high-risk third countries," Le Monde reported. More Brazilian authorities launched an investigation into a $4.8 billion tax evasion and money laundering scheme linked to their country's fuel sector, the Independent reported. More Brazil plans to ask...