21 October 2020
The Federal Court of Australia has ordered Westpac to pay a record-breaking AU$1.3 billion fine for breaching the country’s anti-money laundering and terrorist financing law.
24 September 2020
Australia’s attorney general called the bank’s anti-money laundering record “abysmal” after it agreed to pay a fine that is close to double the previous highest corporate penalty in the country.
14 May 2020
A leading US anti-money laundering agency has warned virtual banking companies and cryptocurrency platforms that it is closely monitoring the systems they have set up to stop illicit money flows.
03 October 2019
The Bank of France’s regulatory arm has released an uncharacteristically transparent report that has uncovered anti-money laundering weaknesses across the country’s financial sector.
11 December 2018
The policy director at Corruption Watch UK has accused the Financial Action Task Force of being “too reliant on the UK government” in its recent review of the country’s anti-money laundering and counterterrorist financing system.
07 December 2018
The Financial Action Task Force (FATF) has said that the UK financial intelligence unit needs a substantial increase in its resources and that the country‘s...
16 November 2017
French and Belgian authorities have raided cement-maker LafargeHolcim and its shareholder GBL, as part of an investigation into payments allegedly made to terrorist groups in Syria.
Deborah Luskin, Anant Modi, Selma Della Santina and Sarah Wrigley
Benjamin S Haley, Sarah Crowder, Randall D Friedland and Thomas McGuire
Jason J Kang, Daniel S Lee, Nan Wang, Ryan Middlemas and Hangil Lee
Simone Nadelhofer and Daniel Lucien Bühr
Lawrence E Ritchie and Lauren Tomasich
Osler Hoskin & Harcourt LLP
Renato Tastardi Portella , Marcel Ribas , Renato Ximenes , Marianno Carneiro da Cunha and Pamela Michelena De Marchi Gherini
Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados