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Cryptoassets, suspicion and failure to disclose - sections 329 and 330 of the UK Proceeds of Crime Act
Ariana Caines (+44 (0)20 3709 8711, aec@brightlinelaw.co.uk) is a barrister with Bright Line Law.
Online Published Date:
20 January 2021
Appeared in issue:
281 - 20 January 2021
Take it from the top
Timon Molloy (timon.molloy@informa.com), Editor
Online Published Date:
29 January 2021
Appeared in issue:
281 - 20 January 2021
UAE fines 11 banks over AML faults
The UAE Central Bank, on 24 January [2021], fined 11 banks, not named, a total of AED45,758,333 (US$12,460,000) for breaches of its anti-money laundering and counter-terrorist financing law. [1]In the last week of January [2021], Bank of Baroda..
Online Published Date:
01 February 2021
Appeared in issue:
281 - 20 January 2021
Whistle in confidence – US Anti-Money Laundering Act 2020
Meredith S. Dante (+1 215 864 8132, dantem@ballardspahr.com) is a partner, Diana M. Joskowicz (+1 215 864 8311, joskowiczd@ballardspahr.com) an associate & Peter D. Hardy (+1 215 864 8838, hardyp@ballardspahr.com) a partner at Ballard Spahr LLP.
Online Published Date:
01 February 2021
Appeared in issue:
281 - 20 January 2021
Apple Bank pays US$12.5m to FDIC over US Bank Secrecy Act violations
Apple Bank for Savings of New York has paid US$12.5 million to settle claims by the Federal Deposit Insurance Corporation (FDIC) that it breached the Bank Secrecy Act (BSA) between April 2014 and September 2018. [1] The consent order was dated 21..
Online Published Date:
02 February 2021
Appeared in issue:
281 - 20 January 2021
Big ask - ex-fraudster on catching cash laundering
Much anti-money laundering expertise is built on the experience of victims and law enforcement, fed into techniques and systems fighting the crime. But ex-offenders have a different perspective and can offer fresh insight and intelligence maybe not..
Online Published Date:
02 February 2021
Appeared in issue:
281 - 20 January 2021
Base metal – gold & crime
Valuable, malleable, hard to trace, easy to transport and sell, gold possesses all the attributes that criminals desire so it is surprising, at the least, that controls on the trade are so lax. Paul Cochrane reports from Pietermaritzburg, South..
Online Published Date:
02 February 2021
Appeared in issue:
281 - 20 January 2021
Go slow over UBO – EU registers
Publicaccess to who owns companies set up in the European Union was a centrepiece ofthe Fifth Money Laundering Directive, yet Sara Lewis, in Brussels, findsthat not all member states are fully on board with the transparency agenda. Manyof the..
Online Published Date:
02 February 2021
Appeared in issue:
281 - 20 January 2021
UK private schools and universities complicit in West African PEP corruption, says report
By Sara Lewis
Online Published Date:
05 February 2021
Appeared in issue:
281 - 20 January 2021
Learning our lessons
Susan Grossey may be contacted on +44 (0)1223 563636, susan@thinkingaboutcrime.com, www.thinkingaboutcrime.com
Online Published Date:
09 February 2021
Appeared in issue:
281 - 20 January 2021
Digital transformation: AML Compliance in 2020/21
Adam McLaughlin (adam.mcLaughlin@niceactimize.com) is Global Head of Financial Crime Strategy & AML SME, NICE Actimize.
Online Published Date:
11 February 2021
Appeared in issue:
281 - 20 January 2021
Crown Resorts AML flaws make it unfit to run new Sydney casino, says regulator
By Keith Nuthall
Online Published Date:
11 February 2021
Appeared in issue:
281 - 20 January 2021
UAE fines exchange house AED504,000 for weak AML/CFT compliance
The Central Bank of the UAE (CBUAE), on 28 January [2021], fined an unnamed exchange house AED504,000 (US$137,200) over its deficient anti-money laundering and combating the financing of terrorism (AML/CFT) compliance framework.The size of the..
Online Published Date:
12 February 2021
Appeared in issue:
281 - 20 January 2021
Luxembourg register scrape reveals criminal, dead and child owners
By Sara Lewis, in Brussels
Online Published Date:
15 February 2021
Appeared in issue:
281 - 20 January 2021