Treasury’s Next Regulatory Retrograde: CDD Rule
By Chelsea Carrick
US Officials Forecast Suspicious-Activity-Reporting Overhaul
By Charlie Passut
Switzerland Approves Scaled-Back AML Reforms
By Gabriel Vedrenne
AUSTRAC Financial Intelligence Assists Criminal Assets Confiscation Taskforce
The Australian Transaction Reports and Analysis Centre announced that it worked with the Australia Federal Police Criminal Assets Confiscation Taskforce to establish Operation SMOKEHAZE, which resulted in the seizure and restraint of assets worth an estimated AU$22 million.
NCA to Chair Five Eyes Law Enforcement Group
The National Crime Agency announced that it will chair the Five Eyes Law Enforcement Group for the next two years.
US Treasury Targets Iranian Financial Facilitators, Foreign Companies
The U.S. Treasury Department announced sanctions targeting Iranian financial facilitators and entities based in Hong Kong and the United Arab Emirates for working together to coordinate funds transfers for the benefit of Iran’s military.
OFAC Adds Four Individuals, 12 Entities to SDN List
The Office of Foreign Assets Control of the U.S. Treasury Department released a notice concerning the addition of four Iranian nationals and 12 entities to the Specially Designated Nationals List with respect to counter terrorism issues.
In this episode of Financial Crime Matters, Geoff White, author of three books on illicit finance, and Kieran Beer, editor in chief of ACAMS moneylaundering.com, discuss how hackers managed to steal $1.5 billion of Ethereum from Bybit, a global cryptocurrency exchange.
In the latest episode of Sanctions Space, Justine Walker, head of global sanctions and risk at ACAMS, and Stephanie Baker, author of 'Punishing Putin: Inside the Global Economic War to Bring Down Russia,' discuss sanctions loopholes Russia exploits to finance its war with Ukraine, and U.S. use of 'secondary tariffs' to deter purchases of Russian oil.
Treasury’s Next Regulatory Retrograde: CDD Rule
By Chelsea Carrick
US Officials Forecast Suspicious-Activity-Reporting Overhaul
By Charlie Passut
Switzerland Approves Scaled-Back AML Reforms
By Gabriel Vedrenne