The Colombo Chief Magistrate’s Court today (29) ordered the remand of a businessman until February 10 on charges of ...

The Bangladesh Financial Intelligence Unit (BFIU), in collaboration with the Association of Anti-Money Laundering Compliance Officers of Banks in Bangladesh, recently organised a policy dialogue on ...

An anti-money laundering expert is warning gaps still remain in New Zealand's legislation, despite a raft of changes to the regime in recent years and months. The Anti-Money Laundering and Countering ...

Every year, an estimated two to five percent of global gross domestic product is laundered through money laundering, amounting up to 2 trillion US dollars. In Germany alone, the figure is believed to ...

Germany’s financial watchdog BaFin has fined JPMorgan €45 million after finding shortcomings in the US bank’s money laundering prevention systems. The Frankfurt-based subsidiary of JPMorgan Chase & Co ...

Bhopal (Madhya Pradesh): The Directorate of Enforcement (ED), Bhopal Zonal Office, has filed a prosecution complaint against Mark Pius Karari, former bank branch manager of Ashta, Sehore, and four ...

The case analysis explores whether India’s anti-money laundering framework is effective despite comprehensive legislation. Courts have adopted a tougher stance, but enforcement gaps and evolving ...

A special PMLA court discharged Maharashtra minister Chhagan Bhujbal, his son, and nephew in the Maharashtra Sadan money laundering case. The court noted they cannot be prosecuted under PMLA after ...

Cyprus launches a new bill to combat money laundering risks in the property sector, aligning with EU and FATF standards.