Financial Crime Compliance | Training | Advisory
The US and Iran started this year exchanging blows, with the US killing a senior Iranian commander and Tehran firing ballistic missiles at US troops in Iraq. Neither side has escalated tensions further, but Iran’s sprawling network of…
A quick internet search reveals a litany of news articles, twitter rants, and opinions regarding the presence of Pakistan in the Financial Action Task Forces (FATF) infamous black and grey lists. Back in October, the global watchdog posed 150 questions which …
There are reports that some of the $1.7 billion that Obama gave to Iran as part of the Iran deal or Joint Comprehensive Plan of Action (JCPOA) has been traced to Iran-backed terror groups, including Qassem Soleimani’s Quds Force, Iran’s principal foreign inte…
The accused being led out of the Kuala Lumpur Sessions Court after they were charged on Oct 31. KUALA LUMPUR: The Sessions Court today allowed an application by the prosecution to transfer the cases of six men accused of attempting to revive the defunct Libe…
The potential blacklisting of Pakistan by the Paris-based Financial Action Task Force (FATF) could have implications for capital inflows to the country, according to a report released by the IMF. The FATF, a global watchdog for terror financing, that kept P…
The South African Reserve Bank has imposed administrative sanctions on five banks and directed them to take remedial actions. The five banks are Standard Bank SA, GroBank (formerly SA Bank of Athens), Ubank, Bank of China (Johannesburg branch) and HBZ Bank. …
In this essay I address the question of whether economic instruments such as tariffs, embargoes, quotas, capital controls, financial sanctions, or asset freezes can achieve national security goalseconomic, political, or militaryand thereby help avoid internat…
At the end of November, news surfaced that Russian cryptocurrency users, who have been operating in a regulatory gray zone, could soon be at risk as the nation’s financial authorities reportedly join forces to outlaw the use of digital assets as a payment ins…
Bank Negara Malaysia says digital banks will be licensed to conduct either conventional or Islamic banking business. KUALA LUMPUR: Bank Negara Malaysia will issue up to five licences to establish digital banks to conduct either conventional or Islamic bankin…
Hafiz Saeed is detained at the Kot Lakhpat jail in Lahore Lahore: The mastermind of the 26/11 Mumbai terror attack Hafiz Saeed, who has been indicted along with three close aides in terror financing case, could not be produced before an anti-terrorism court …
