Tag: money laundering

Rana Kapoor, the co-founder and former CEO of Yes Bank, is facing money laundering charges and will be staying in custody until at least March 20, a court has decided.

The number of financial fraud attacks are on the rise, but RegTech companies 4Stop and ComplyAdvantage are hoping to fight back by partnering up.

Swedish lender Swedbank has named Rolf Marquardt as its new chief risk officer as the bank doubles down on its efforts to strengthen its anti-money laundering (AML) structures after the Danske Bank scandal.

A money laundering investigation into Swedbank has found that transactions totalling around $4.8m constitute as sanction violations.

The Financial Action Task Force (FATC) has placed Botswana, Ghana, Mauritius, Uganda and Zimbabwe on their grey list, meaning they need to do more to tackle money laundering and terrorism financing.

The Crown Prosecution Service has ordered convicted money launderer Thomas ‘Tommy’ Adams to repay more than £1,24m for his part on a money laundering network.

The Swedish bank Swedbank has signed a partnership with payment company SIA in order to tap into its fiberoptic network infrastructure called SIAnet.

The Swedish RegTech company ZignSec has rolled out a new anti-money laundering (AML) product as the Nordics are still with the fallout of a massive banking scandal.

Digital currency providers have a new set of rules to comply to if they want to do business in Estonia.

From: RegTech Analyst Estate agents have admitted that they fail to follow the UK’s laws enough to prevent money laundering as well as they should.  More than four in...