Diamonds: A Terrorist’s Best Friend?
The old adage goes “diamonds are forever”, and such has been the case with respect to the relationship between the precious gems market and financial crime. The laundering of ill-gotten…
U.S. Anti-Illicit Drug Crusade Shifts Focus to Fentanyl, Traffickers
As part of its ongoing battle to limit the proliferation of money laundering efforts and activities that contribute to the funding of terror operations at the respective regional and international…
U.S. Treasury Begins Crackdown on ‘DeFi’ Services
The United States Treasury Department (DOT) is seeking to continue its crackdown on financial entities that have to date not been subjected to the same anti-money laundering regulations that traditional…
As Big Bank Closures Continue, Regulatory Issues Ensue
The American financial sector was shaken in the month of March following a series of major banking failures that led to the demise of several notable financial institutions, leaving many…