[ad_1] The European Union’s banking watchdog on Tuesday issued guidance for crypto firms to comply with its anti-money laundering and terrorist-financing requirements. By extending the scope of its existing measures…
Tag: laundering
Crypto News LIVE Updates: Tether Emerging as a Money Laundering Hotbed in Asia, Warns UN
[ad_1] Crypto News LIVE Updates: Tether, one of the world’s largest crypto platforms, has become a hotbed for money laundering in Southeast Asia, the United Nations has warned. According to the…
UK frustrated in money laundering battle – BBC News
[ad_1] By Steve Swann BBC News Home Affairs team 15 September 2018 Image source, Getty Images British law enforcement officers fighting money laundering are being frustrated by a lack of…
Canada’s anti-money laundering body to leverage AI bets to crack down on bad actors
[ad_1] TORONTO : Canada’s anti-money laundering agency is increasing its reliance on artificial intelligence (AI) to detect suspicious transactions, betting the use of the latest technology will help better fight…
BBC World Service – World Business Report, Binance boss pleads guilty to money laundering
[ad_1] The founder of the world’s largest cryptocurrency exchange has stepped down and the company will pay a fine of more than $4 billion dollars. Show more CZ, the founder…
3 Indians arrested in Hong Kong for money laundering
[ad_1] The Hong Kong customs department, with inputs from the Directorate of Revenue Intelligence (DRI) in Surat, has arrested four persons for their alleged involvement in money laundering of USD…
Companies remove directors and shareholders linked to $2.8b money laundering probe
[ad_1] A neighbouring company said Golden WHH had moved in only around November. A worker in that firm said she had not seen anyone turn up for a week. Meanwhile,…
Singapore Seeks Financial Firms’ Documents in Laundering Case
[ad_1] The Singapore police are waiting for documents from at least nine financial institutions in their probe into one of the biggest money laundering cases in the country. Investigations are…
Singapore director of 980 firms jailed for neglect on money laundering
[ad_1] A Singaporean director of 980 companies in the city state was sentenced to four weeks in jail after some of the companies he supervised were discovered to be laundering…