Topic: Money laundering

Netherlands chastises Binance amid global scrutiny

Financial regulators across the world have criticised Binance’s business practices in recent months, warning that the cryptocurrency exchange is operating illegally in their respective countries and may be exposing customers to increased money laundering risks.

19 August 2021

SFO charges five over bribery scheme

All five defendants appeared at London’s Southwark Crown Court on 17 August to face charges over an alleged scheme to help two companies win office fitting contracts across the UK.

17 August 2021

Bermuda Monetary Authority fines Allianz subsidiary

13 August 2021

Counsel Watch: US firm guides electrics company to $230 million fraud DPA

In the latest counsel watch, a team from Jones Day leads Ohio-based electric services company FirstEnergy to a multimillion-dollar settlement over allegations it made fraudulent payments to public officials for beneficial treatment.

12 August 2021

Cryptocurrency exchange agrees US anti-money laundering settlement

Cryptocurrency exchange BitMEX has agreed to pay $100 million in the US to settle allegations that it allowed illegal trades and violated the country’s anti-money laundering rules.

11 August 2021

Former Roche employee jailed for fraud and money laundering

10 August 2021

UAE and China sign anti-money laundering collaboration agreement

04 August 2021

Brazilian court rejects former executive’s Operation Car Wash appeal

04 August 2021

EU seeks to reinforce function of bank compliance officers throughout the continent

The EU’s banking regulator has set out draft guidelines designed to establish a clear, consistent understanding of the role of anti-money laundering compliance officers in financial institutions across the bloc.

03 August 2021

HSBC: FCA probe into AML compliance nears end

02 August 2021

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