[ad_1] As if the impact of the pandemic, high inflation, high interest rates and supply chain shortages weren’t enough of a drag, the Trudeau government has jumped in with a…
Tag: laundering
CBN To Banks, Others: Pay Special Attention To Risks, Comply With Anti-money Laundering Rules
[ad_1] The Central Bank of Nigeria (CBN) has directed banks and other financial institutions (OFIs) to pay special attention to credit risk, operational risk, legal risk, liquidity risk, reputation…
Two former Julius Baer CEOs reprimanded following money laundering inquiry
[ad_1] ZURICH, Jan 21 (Reuters) – Two former CEOs of private bank Julius Baer (BAER.S) were reprimanded on Thursday by Switzerland’s financial regulator after an inquiry into money laundering in…
B.C. introduces measures to combat money laundering, includes orders to explain wealth
[ad_1] The B.C. government is creating new measures to combat money laundering, including legislation that could compel owners to explain where wealth came from to purchase assets such as luxury…
German anti-money laundering chief resigns amid row over backlog
[ad_1] The head of Germany’s anti-money laundering authority resigned on Thursday after the government admitted that the Paris-based Financial Action Task Force was kept in the dark about a massive…
Cybercrime syndicate dismantled after allegedly laundering $1.7 million
[ad_1] Editor’s note: Vision of the arrests is available via Hightail Four members of an alleged cyber criminal syndicate accused of money laundering $1.7 million in stolen cash from Australian…