In The News

Oct 21, 2019 In The News

 Financial scandals like the one involving Malaysian sovereign wealth fund 1MDB are unlikely to happen again in Malaysia, said the country’s central bank governor.

Oct 20, 2019 In The News

WASHINGTON — Turkey’s president, Recep Tayyip Erdogan, wants more than control over a wide swath of Syria along his country’s border. He says he wants the Bomb.

Oct 18, 2019 In The News

Mongolia has been included on a list of countries monitored by an international agency that polices anti-money laundering activities and terrorism financing.

Oct 18, 2019 In The News

A New York jury convicted the brother of the president of Honduras on cocaine trafficking charges on Friday, ending a trial that offered a blueprint for the way drug money penetrated the highest levels of Honduran politics to buy protection and immunity.

Oct 18, 2019 In The News

LONDON (Reuters) - The spread of cryptocurrencies such as Facebook’s Libra could have serious repercussions for worldwide efforts to detect and stamp out money laundering and terror financing, a global watchdog on illicit finance said on Friday.

Oct 18, 2019 In The News

ISLAMABAD, Pakistan — Pakistan escaped blacklist status and international sanctions from the world’s top antiterrorism monitoring group on Friday, but received a harsh rebuke from the body for failing to adequately crack down on terrorism financing and money laundering.

Oct 18, 2019 In The News

On September 26, 2019, a bipartisan group of eight Senators introduced the Illicit Cash Act[1], which, among other proposed reforms, would require certain companies to disclose beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN) at incorporation and within 90 days of any change in beneficial ownership.

Oct 18, 2019 In The News

PARIS (Reuters) - A global dirty money watchdog said on Friday it had given Iran a final deadline of February 2020 to comply with international norms after which it would urge all its members to apply counter-measures.

Oct 17, 2019 In The News

LONDON/WASHINGTON (Reuters) - Facebook’s plans to launch its Libra cryptocurrency faced a new hurdle on Thursday, when the Group of Seven wealthy nations said such “stablecoins” should not be allowed to launch until the profound international risks they pose are addressed.

Oct 17, 2019 In The News

MILAN (Reuters) - An Italian judge has accepted a request by UBS (UBSG.S) to pay more than 10 million euros ($11 million) to settle a money-laundering investigation, ending one of the Swiss bank’s biggest legal headaches in Europe.

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