Financial Crime Compliance | Training | Advisory
Khartoum — The prosecutor of Sudan’s Anti-Money Laundering and Terrorism-Financing Department issued arrest warrants against two brothers of ousted dictator Omar Al Bashir and prominent Islamist cleric Abdelhay Yousef on charges related to terrorism under Art…
December 20, 2019 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the vie…
In the days since the U.S. strike that killed Iranian Quds Force commander Major General Qassim Soleimani, Americans have heard many dire warnings about potential retaliation by Iran. Soleimanis Quds Force, a unit of Irans Islamic Revolutionary Guard Corps (I…
When cryptocurrencies stole the spotlight a few years ago, formal regulation was slow to track the explosive growth. Initial coin offerings (ICOs) and new cryptos came into the forefront with dot-com bubble speed until early 2018, when the U.S. Securities …
The House Financial Services Committee issued an update to the schedule for hearings in January 2020 yesterday, with one hearing of note on January 15 that will very likely have policy implications for cryptocurrency in terms of its potential use to finance d…
If the Islamic Republic of Iran has had one consistent goal since 1979, it’s been survival; since the Islamic Revolution, Iran has essentially existed in crisis management mode, whether it’s been fighting Saddam Hussein in the Iran-Iraq War or weathering the …
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 Pa…
By Graham Smith Reports have emerged depicting long lines in front of a physical gold sales location in Germany, in view of pending legislation which would once again lower the anonymous purchase limit, this time from 10,000 to 2,000. The last drop happened …
Westpac confirmed that it has been served with a class action filed by Australian law firm Phi Finney McDonald on behalf of certain shareholders who acquired an interest in Westpac shares between December 16, 2013, and November 19, 2019. The claim relates t…
Global watchdog for terror financing FATF has sought more clarifications and data from Pakistan on actions taken against madrassas belonging to proscribed outfits, after Islamabad submitted a report to it detailing steps taken by the government to curb terror…
