Tag: Money Laundering

German Federal Financial Supervisory Authority (BaFin) has ordered challenger bank N26 to improve its prevention of money laundering and terrorist financing.

Europol has supported the Spanish government in dismantling a criminal organisation which had been providing ‘large-scale’ crypto money laundering services to other criminal bodies.

Companies need to rapidly evolve their understanding of money laundering risk to more effectively manage their vulnerabilities according to Stephen Platt, Chairman and CEO at KYC Global Technologies.

Prosecutors in the Netherlands are reportedly investigating claims of Dutch involvement in a money laundering network which funnelled Euros from Russia.

South Korean cryptocurrency exchanges Coin One, Upbit, Cobit and Bitsum have teamed together to combat money laundering.

European Union governments have reportedly reached a preliminary deal for boosting efforts to counter money laundering.

Mphasis has partnered with BAE Systems to provide fraud and money laundering detection capabilities to financial services industry.

The First National Bank (FNB) of Lebanon has bolstered its compliance systems by leveraging the FICO Tonbeller Anti-Financial Crime Suite.

The European Commission is proposing to strengthen the fight against money laundering by handing the European Banking Authority new powers.

A federal court in Brooklyn, New York, has made the first-ever conviction for failing to comply with the Foreign Account Tax Compliance Act (FATCA).