Banks in Estonia have not yet plugged all the gaps in their money laundering controls, the Baltic state's regulator told Reuters, pledging to maintain a clampdown in the country at the center of one of Europe's biggest financial scandals.
No known prosecutions have been made
The fight against money laundering and financing of terrorism was the focus of a five-day training workshop which kicked off, today, at the Customs House of the Mauritius Revenue Authority (MRA) in Mer Rouge.
In a move largely overshadowed by tensions over Iran's provocative recent actions, the global anti-money laundering and terror-financing body on Friday reimposed a restriction on Iran which had been suspended for the past three years, ratcheting up pressure on Tehran just ahead of new U.S. sanctions due to be announced on Monday.
TIRANA (Reuters) - Albania's parliament approved a series of laws on Monday aimed at plugging holes in legislation against money laundering as part of efforts to persuade the European Union to launch accession talks.
Discover is dropping fees from its online checking and savings accounts amid shifting customer expectations around retail banking charges.
On June 16, the global watchdog that sets standards for anti-money laundering and combating the financing of terrorism (AML/CFT) will conveneat its plenary in Orlando and decide whether Iran has met the global body's requirements. That organization is the Financial Action Task Force, known as FATF, which is comprised of 36 member countries.
Cryptocurrencies live in a volatile, roller-coaster world, which Facebook is seeking to change with its new Libra digital money.
Deutsche Bank on Monday acknowledged a lapse in its money laundering controls, underlining the bank's continuing struggle to move beyond a series of scandals that have helped push its stock price to a record low.
Corruption impedes equitable development, destabilizes societies, and undermines the institutions and values of democracy. It is viewed by many as one of the world's greatest problems. According to a Gallup poll, a majority of people even place its negative impacts ahead of global problems like climate change, poverty and terrorism.