Anti-money laundering


FCA becomes AML and CTF supervisor of UK cryptoasset activities

The Financial Conduct Authority (FCA) in UK has issued an announcement to inform that the FCA is now the anti-money laundering and counter terrorist financing (AML/CTF) supervisor for businesses ... Read More

Standard Chartered Bank fined for poor AML controls

The Financial Conduct Authority (FCA) has fined Standard Chartered Bank (Standard Chartered) £102,163,200 for Anti-Money Laundering (AML) breaches in two higher risk areas of its business. This is the ... Read More
Credit Suisse

FINMA finds deficiencies in anti-money laundering processes at Credit Suisse

The Swiss Financial Market Supervisory Authority FINMA has concluded two enforcement procedures against Credit Suisse AG. In the first procedure, FINMA identified deficiencies in the bank’s adherence to anti-money ... Read More
Forex image

The top 3 trends in forex trading of 2018

We are almost halfway done with the third quarter of 2018, but there have already been a lot of local and global events that have impacted the foreign exchange ... Read More
Tax photo

International fight against tax fraud steps up a gear

The UK, Canada, the Netherlands, the United States and Australia have launched an international tax and anti-money laundering team. The Joint Chiefs of Global Tax Enforcement (J5) body will ... Read More

Financial Penalties Imposed on Credit Suisse and UOB for 1MDB-Related Transactions

The Monetary Authority of Singapore (MAS) announced today that it has completed its two-year review of banks involved in 1MDB-related transactions known to-date.  In its latest regulatory actions, MAS ... Read More
Central Bank of Ireland

AIB Bank fined millions euro for breach anti-money laundering compliance rules

The Central Bank of Ireland (the ‘Central Bank’) fined Allied Irish Banks, p.l.c. (‘AIB’) €2,275,000 and reprimanded it for six breaches of the Criminal Justice (Money Laundering & Terrorist ... Read More

SFC reprimands and fines iSTAR International Futures $3 million

SFC reprimands and fines iSTAR International Futures Co. Limited $3 million over anti-money laundering-related internal control failures The Securities and Futures Commission (SFC) has reprimanded iSTAR International Futures Co. ... Read More
Mergers and Acquistions

Dow Jones acquires RiskAverter

Dow Jones Risk and Compliance, a leading provider of anti-money laundering, anti-corruption and sanctions compliance data solutions, has completed the acquisition of RiskAverter from U.S.-based Compliance Strategies International, LLC. ... Read More

FMA warns firms under Anti-Money Laundering and Countering Financing of Terrorism Act

The Financial Markets Authority (FMA) has issued a formal warning to 12 reporting entities under section 80 of the Anti-Money Laundering and Countering Financing of Terrorism Act (the Act). ... Read More
Broker Cyprus TopFX