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Matthew Kutcher, Alexandra Eber, Matt K Nguyen, Wazhma Sadat and Kimberley Bishop1 Introduction This chapter provides an overview of the potential fines, penalties and other collateral consequences to corporates and [...]

CLEVELAND -- When a young man from Florida barely old enough to enter a bar began buying up office buildings in downtown Cleveland, many in the real estate industry here [...]

In the next chapter of our legal guide series, BCL partner John Binns explores the options available for enforcement investigators tackling cases of money laundering. Searches, arrests etc Where evidence [...]

THE Anti-Money Laundering Council (AMLC) is investigating a dozen cases of money laundering involving high-profile subjects involved in the illegal wildlife trade. Interviewed at the sidelines of the World Wildlife [...]

The Enforcement Directorate (ED) has served notices to the Popular Front of India (PFI) and its eight sister organisations located in Delhi, particularly in Shaheen Bagh, to join the Prevention [...]

PHILIPPINE monetary officials are now looking at information that about 10 banks received the alleged dirty money that passed through Ayala-led Bank of the Philippine Islands (BPI), through its partnership [...]

CANBERRA, November 6, 2019 (Xinhua via COMTEX) -- Facebook will be forced to divulge details of its proposed cryptocurrency amid concerns about its impact on Australia's national security and banking. [...]

NEW YORK: Bragar Eagel & Squire has issued the following press release: Bragar Eagel & Squire, P.C. is investigating potential claims against Swedbank AB (OTC: SWDBY, SWDBF) on behalf of [...]

Byline: Misa Han Jun 06, 2019 (The Australian Financial Review - ABIX via COMTEX) -- 'Buy-now, pay-later' provider Afterpay Touch has advised that it has been in talks with AUSTRAC [...]

When FCA Director of Enforcement and Market Oversight Mark Steward spoke in London last month, his comments could hardly have been more timely. Hot on the heels of his remarks [...]

As previously reported ( link), the Swiss Federal Supreme Court in a 2016 decision (1B_85/2016) took a rather narrow approach to the scope of legal privilege in connection with anti-money [...]

BERLIN -- The banking giant HSBC was outed by an international consortium of journalists for having systematically helped wealthy clients hide billions of dollars in assets, thus avoiding international tax [...]

On April 21, 2015, the U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) served a Geographic Targeting Order (GTO) on about 700 electronics exporter businesses in the Miami area, in an [...]

Prosecutors investigating the movement of money by global banks suspect HSBC of laundering money for Mexican drug cartels and moving cash for Saudi Arabian banks with ties to terrorists, according [...]

Byline: Clifford Lo and Alex Lo Hong Kong police and customs agents investigated record sums of suspicious transactions last year, recovering HK$150 million in criminal proceeds, double the 2009 haul. [...]

Byline: Chris Hawley CULIACAN, Mexico -- Some Mexican companies complain they are being unfairly accused of money laundering as the United States and Mexico launch new efforts to dismantle the [...]

Byline: TARA PERKINS FINANCIAL SERVICES / REGULATORY FINANCIAL SERVICES REPORTER Canada's financial intelligence agency has, for the first time, used its power to levy fines against businesses for not doing [...]

They won't look the doctor in the eye, and their stories have holes -- after all, how often does someone offer a spare kidney to a third cousin he just [...]

Amsterdam said it would close nearly one-third of the 350 windows that prostitutes use in the city's notorious Red Light District, invoking a 2003 law that allows it to revoke […]

Citing their tougher stances against money laundering, the Treasury Department said today that it had notified American financial institutions that they could relax their scrutiny of transactions involving Israel, Lebanon […]

A report to be formally released today by Democrats on the staff of a Senate investigating panel says that money launderers have exploited the international system by which banks handle […]

The Dutch Money Laundering and Terrorist Financing (Prevention) Act (Wet ter voorkoming van witwassen en financieren van terrorisme, Wwft) is still under development and a new draft amendment has been [...]

A Congressional inquiry has found that it is 'relatively easy' for foreigners to hide their identities and form shell companies here that can launder money through American banks. In a […]

The spindly masts belonging to hundreds of luxury yachts still bob in the harbor. The Rolls-Royces still purr up to the front of the copper-domed Monte Carlo casino. But all […]

More than a year after Federal authorities began their investigation at the Bank of New York, law enforcement officials say the global money laundering inquiry has bogged down and may […]

BY its very nature, money laundering tells us that another crime is being, or has been committed. The detection of the act of money laundering itself is usually the handiwork [...]