Financial institutions, regulators and authorities have long struggled with preventing the illicit practice of money laundering. Criminals adopt various sophisticated methods to both collect ill-gotten funds and mask their illegal…
Up until now, the burden of regulatory compliance within the financial spectrum has fallen almost solely on financial institutions both domestically and abroad. Lawmakers designed regulations for banks and lenders…
With the United States reinforcing stringent sanctions against Iran during the presidency of Donald Trump, many expected the economy of the embattled country – one long tied with state-sponsored terrorism…
The United States Department of the Treasury is continuing to focus its sanctions efforts on those with ties to Russia as part of its continuing efforts to limit the Kremlin’s…
Early last week it was revealed that the Biden Administration has recruited a dozen Asia-Pacific nations to join a new economic coalition aimed at countering Chinese influence across a number…
The now notorious “Pandora Papers” are the gift that keeps on giving for those involved in the battle against transnational money laundering, fraud and corruption. This unprecedented leak of the…
It is now widely recognized that foreign investment into real estate has become arguably the most attractive vehicle for international oligarchs and other notable figures to launder illicit cash while…
The European Union’s Parliament has taken it upon itself to address the ongoing lack of regulation harboring Bitcoin and other cryptocurrencies with the potential adoption of groundbreaking anti-money laundering legislation.…
The growth in adoption and investment into cryptocurrencies over the past several years has left regulators and legislators alike struggling to reign in a mostly unregulated international market, one that…
As cryptocurrencies continue to expand in popularity, what was once considered nothing more than a fringe and idealistic concept has begun to gain traction on the mainstream. As is the…
