The U.S. Department of Treasury has issued the 2020 National Strategy for Combating Terrorist and Other Illicit Financing. This strategy guides the public and private sectors in addressing current illicit…

Jamal El-Hindi spoke at the 20th annual Anti-Money Laundering (AML) and Financial Crimes Conference in New York earlier this month. El-Hindi is the FinCEN Deputy Director and covered some of…

In October 2019, Halkbank was charged with money laundering, bank fraud, and sanctions offenses by the U.S. Attorney for the Southern District of New York. The state-owned Turkish bank is…

It seems that every year, more anti-money laundering penalties are handed down by regulators. However it may seem, the numbers prove that regulators almost doubled the value amount of penalties…

Last week, 7 individuals were arrested from the result of a anti-money laundering (AML) investigation in Northern Ireland. This international AML investigation involved Europol, Interpol, the Republic of Ireland, and…

The richest woman in Africa, Isabel dos Santos, has come under a lot of scrutiny lately. The International Consortium of Investigative Journalists has been reporting on leaked documents that suggest…

On January 10th, the European Union's 5th Anti-Money Laundering Directive (5AMLD) went into effect. Not only does this directive affect arts and antiquities, but it also applies to cryptocurrency companies.…

Despite Brexit, it seems the United Kingdom will be following the EU's 5th Anti-Money Laundering Directive. The new rules titled "The Money Laundering and Terrorist Finance Amendments Regulations 2019" passed…

Moxipay Corporation has been charged as acting as an unregistered money service business facilitating the transfer of funds for unlicensed cannabis dispensaries. This online money laundering process allowed eight online…