In the latest episode of Financial Crime Matters, Kieran Beer, editor in chief of ACAMS moneylaundering.com, and Grant Rabenn of Coinbase discuss cryptocurrency-related illicit finance.
Mar
19
OCC Acting Director Michael Hsu testifies before Congress on Thursday, May 18, 2023. The OCC’s warning that AI could be vulnerable to bias raises questions over the technology’s use in AML processes. (Getty)
FinCEN Seeks Feedback on Customer Information Collection Requirements for Banks
The Financial Crimes Enforcement Network issued a notice and request for information concerning an aspect of the Customer Identification Program.
The Financial Action Task Force published a report on the implementation of Recommendation 15 on anti-money laundering and counterterrorist financing measures related to virtual assets and virtual asset service providers.
India ED Investigates Fake Job Scam Resulting in Losses of ₹524 Crore
India’s Directorate of Enforcement announced the provisional attachment of ₹32.34 crore from 580 bank accounts under the Prevention of Money Laundering Act, 2002.
AFP Arrests Individuals Involved in ML Syndicate
The Australian Federal Police announced charges against four individuals involved in laundering AU$39 million of criminal proceeds.
In the latest episode of Financial Crime Matters, Kieran Beer, editor in chief of ACAMS moneylaundering.com, and Grant Rabenn of Coinbase discuss cryptocurrency-related illicit finance.