T Raja Kumar called on the G7 to "lead by example" in fully and effectively implementing the FATF Recommendations on crypto assets.
May 19, 2023The G7 communique vows stepped-up sanctions enforcement, and readiness to act on financial stability, climate change, and crypto-asset activities.
May 16, 2023Jeremy Moller discusses TBML trends, indicators, and how Australia's proposed beneficial ownership registry could help mitigate this threat.
May 2, 2023Indonesia has a strong AML/CFT framework but needs to address risks in some sectors and improve investigation and prosecution. Foresty crime and terrorism financing are some of the country's key risks.
April 28, 2023Switzerland, though officially neutral, has frozen Russian assets worth about a third of the EUR 21.5 billion frozen across the EU.
April 17, 2023UBS could be forced to pay US authorities $1.3bn - the amount Credit Suisse had discounted from its 2014 plea deal.
March 30, 2023The guidance is intended to help businesses understand new beneficial ownership information reporting requirements that come into effect on 1 January 2024.
March 29, 2023The US-led initiative commits participating countries to implementing the FATF's revised Recommendation 24 to combat corruption.
March 29, 2023Members of the European Parliament approved draft AML/CFT legislation, including plans for the new Anti-Money Laundering Authority.
March 29, 2023The agreement will allow the SEC to give competent authorities timely access to beneficial ownership information, in line with the FATF recommendations.
March 22, 2023