Tag: money laundering
Only 65% of estate agents think their company comply with anti-money...
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...
UK National Crime Agency makes three arrests in connection to Maltese...
The UK’s National Crime Agency (NCA) has made three more arrests in relation to an investigation into a money laundering incident connected to a cyberattack on a bank in Malta.
$36bn in non-compliance with anti-money laundering, due diligence and sanctions regulations...
Financial firms around the world were ordered to pay $36bn in total due to failing to comply with legislation set up to prevent money laundering and fraud.
CipherTrace joins the X-Sight Marketplace
NICE Actimize has boosted its X-Sight Marketplace by adding CipherTrace, a cryptocurrency anti-money laundering solution.
Estonian authorities expand probe into suspected Danske Bank money laundering transactions
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.
Australian authorities arrest members of suspected Vietnamese criminal network over money...
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.
Global money laundry fines totalled $8.14bn in 2019
From: RegTech Analyst The number of money laundering fines around the world doubled in 2019, according to new research from Encompass, the RegTech startup. The company found...
Australian and UK regulators team up to fight money laundering and...
Two regulatory watchdogs in Australia and Britain have signed a memorandum of understanding (MOU) to tighten their collaboration in their fight against financial crimes.
Revealing the nine biggest money laundering and fraud cases in Britain...
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.
The Financial Action Task Force gives Norway’s anti-money laundering efforts a...
From: RegTech Analyst Norway has been hard at work since 2014 to ensure it has a robust system in place to prevent money laundering and...