The SEC warns that suspected or actual misuse of the NPO sector for terrorism financing can present serious ramifications for an NPO's intended beneficiaries.
April 12, 2022The deadline for DNFBPs to formulate a money laundering and terrorism financing prevention programme has been extended to June.
March 10, 2022Banks and FIs should spend at 20 percent of their CSR funds on the environment and climate change mitigation and adaptation, up from 10 percent previously.
January 21, 2022Interpol’s Rory Corcoran says environmental crime is funding global terrorism and organised crime, while also impacting the sustainability agenda.
December 2, 2021The geographical link test helps firms that provide designated services determine whether they have AML/CTF obligations in Australia.
October 21, 2021The Singaporean businessman gave about SGD 1,000 to a Malaysian man to finance his travel to Syria to become an ISIS fighter.
September 14, 2021The guidance now covers targeted financial sanctions related to terrorism, terrorism financing, and proliferation financing, including remedies and relevant UNSC links.
September 13, 2021The report highlights the use of trade-based fraud and shell companies by criminals to launder proceeds from environmental crime.
June 29, 2021Incorrect STR filings, as identified by the AMLC in a recent review, could downplay the risk and prioritisation of STRs, particularly when they involve high-risk crimes.
June 7, 2021The task force will be used to coordinate efforts to combat ransomware attacks, which will now be treated with the severity of terrorism threats.
June 7, 2021