Tag: Money Laundering

The Danske Bank money laundering scandal has taken another turn. The Estonian prosecutor expanded their investigation into transfers worth $2bn that were made through the Danish bank.

Drugs, guns and $5m in laundered money are some of the key ingredients in a series of arrests made by Australian authorities to break up a criminal network.

The number of money laundering fines around the world doubled in 2019, according to new research from Encompass, the RegTech startup.

Two regulatory watchdogs in Australia and Britain have signed a memorandum of understanding (MOU) to tighten their collaboration in their fight against financial crimes.

A Top Gear mechanic and a pan-European criminal gang are among the criminals the HM Revenure and Customs is most proud of having caught in 2019.

Norway has been hard at work since 2014 to ensure it has a robust system in place to prevent money laundering and terrorism financing occurring under its watch.

From the huge Danske Bank scandal to a rising number of reports in the UK, money laundering is a growing concern for finance ministers in the EU.

Austreme has received a patent for its transaction laundering detection technology, which helps identify transactions from unauthorized e-commerce websites.

The People’s Bank of China (PBOC) is reportedly looking to improve its cross-border cooperation with countries around the world to combat money laundering.

Deutsche Bank has come under fire for failing to inform federal financial crime watchdogs in regard to suspicious transactions involving Donald Trump and his son-in-law Jared Kushner.