Last week, the National Crime Agency (NCA) – the United Kingdom’s national law enforcement service acting against organized crime, human, drug and weapons trafficking, and malicious cyber activity – led an operation that disrupted and exposed a multi-billion dollar web of money laundering networks catering to Russian elites, organized criminals and international fraudsters. In a […]
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Money laundering is the process by which criminals disguise the illegal origins of their money. Anti-money laundering (AML) policies are designed to prevent this from happening
Read More Since the turn of the 21st century, cyberspace has become so ingrained in our global culture that nearly every home and business is connected in some way. While technological progressions have
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Anti-money laundering and counter terrorism financing (AML/CFT) practices that are in line with current domestic and international regulatory standards have developed into arguably the most
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World leaders from more than 90 countries gathered in Switzerland over the weekend in an attempt to reach a consensus in condemning Russia’s unwarranted invasion of Ukraine while pursuing
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The United States’ crusade against financial crime proliferating through the cryptocurrency market has been well documented of late, this as the growth of the crypto space has grown
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From the outset of 2024, U.S. financial regulators and lawmakers have pushed to further augment national anti-money laundering defenses, this as growing threats from money laundering and
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At the time of their initial announcement last October, the DOJ had set its sights primarily on cracking down on suspicious activity during the merger and acquisition (M&A) process with respect to companies.
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Last week was a rough one for several of the world’s largest banks. Two household names in the domestic financial sector were ultimately forced to take action to amend for lapses found within
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The United States Secretary of the Treasury Janet Yellen visited East Asia this past week on behalf of the Biden Administration to attempt to boost diplomatic relations and potentially ease
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