Anti Money-Laundering

TikTok is under scrutiny by Australian regulator AUSTRAC for money laundering concerns related to its digital payments in Türkiye and Ireland.

Amsterdam's Mayor Femke Halsema raises concerns about the Netherlands' drug crisis, urging a policy shift to prevent a 'narco-state' future.

The EU, Council, and Parliament agreed on AMLA, a new authority with supervisory powers over financial sector entities for anti-money laundering and countering terrorism financing.

CIBC receives a $1.3 million fine for non-compliance with regulations related to money laundering and terrorist financing.

Examining the money laundering and financial crime threats linked to citizenship and residency by investment (CBI/RBI) programs.

Basel Institute on Governance released the 12th Basel AML Index, assessing ML/TF risks of countries for 2023. The report publicly evaluates risk values on a scale of 1 to 10 for each country.

Federal regulators take action against Bank of America for deceptive practices and customer harm.

On 10 February 2022, legislation was introduced in Parliament to strengthen and broaden the United Kingdom's sanctions framework against Russia.

Philippines has been added to the FAFT’s gray list once more after failing to solve its deficiencies in the AML/CFT system of the country.