Anti-Money Laundering (AML)
,
Blockchain & Cryptocurrency
,
Cybercrime
Report: Methods Make Payments Difficult to TrackIshita Chigilli Palli (@Ishita_CP) •
January 20, 2020
Cybercriminals are using increasingly sophisticated methods to tur…
Read More
How Cybercriminals Are Converting Cryptocurrency to Cash
Pakistani minister, officials lobbying in Beijing to get off FATF grey list
A team of Pakistani officials is in Beijing to lobby for the country’s exit from the grey list of the global money-laundering watchdog, the Financial Action Task Force (FATF), amid the possibility that the move could entail voting. FATF meetings begin on Janu…
Read More
Shahrir Samad and Ahmad Maslan to face charges of money laundering on Jan 21
PUTRAJAYA: Johor Baru Umno division chief Tan Sri Shahrir Abd Samad and Pontian MP Datuk Seri Ahmad Maslan will be brought to court to face charges under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.
Accord…
Read More
Chinese Blockchain-Based Mobile Payment Revolution: How Is the Biggest CO2 Polluter Becoming Leading World Solar Panels Producer
Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies require a high consumption of electric energy, which is currently produced with coal and fossil fuels that adversely imp…
Read More
How Africa’s richest woman bought her way out of scrutiny from Western banks
In 2013, Isabel dos Santos, Africas richest woman, was facing a major headache: She had become toxic to Western banks.
These guys hear about Isabel and they run like the devil from the cross, read an email sent the next year by a business manager for dos San…
Read More
Pakistan wants US to get it off FATF grey list
WASHINGTON: Pakistan has urged the United States to get it off the grey list of the Financial Action Task Force (FATF), which monitors global money laundering and terror financing.
Foreign Minister Shah Mehmood Qureshi said at a news briefing here on Friday …
Read More
Standard Bank SA and Others Sanctioned for Money Laundering Shortcomings
THE South African Reserve Bank has imposed administrative sanctions on five prominent banks, including hefty fines to the tune of N$37,5 million, after routine inspections revealed inadequacies in their money-laundering control measures.
Standard Bank SA, Gr…
Read More
Meghan and Harry refuse to name mystery multi-millionaire who owns their Christmas mansion
Prince Harry and Meghan Markle have refused to name the the secretive multi-millionaire who loaned the couple their Canadian mansion – but who has used highly controversial methods also deployed by money-launderers and tax-evaders to conceal his identity.
Th…
Read More
Four entities received huge sums of money from Najib’s personal account, say prosecution
KUALA LUMPUR (Bernama): The High Court here was told on Wednesday (Jan 8) that Umno, Wanita MCA, and two companies, namely Binsabi Sdn Bhd and Perano Sdn Bhd, had received large sums of money from the personal bank account of then prime minister Datuk Seri Na…
Read More
New EU AML Compliance Laws Could Disrupt the Crypto Industry
On Jan. 10, the European Union’s 5th Anti-Money Laundering Directive (5AMLD), was officially signed into law. The legislation will give sweeping powers to compliance organizations and law authorities. However, aside from tracking dirty money to offshore parad…
Read More
