The Financial Action Task Force outlined the findings from recent anti-money laundering / countering the financing of terrorism country-specific evaluations and warned of risks associated with stablecoins.
The U.S. Treasury Department Office of Foreign Assets Control designated nine targets in an "international network" through which Iran, working with Russian companies, delivered millions of barrels of oil to the Syrian government.
A multinational bank agreed to settle Office of Foreign Assets Control charges for apparent violations of the Cuban Assets Control Regulations, the Iranian Transactions and Sanctions Regulations, and the Weapons of Mass Destruction Proliferators Sanctions Regulation.
In a new advisory, the Financial Crimes Enforcement Network reminded financial institutions of recent changes to the lists of jurisdictions with strategic anti-money laundering and combating the financing of terrorism deficiencies.
The situation in Ukraine is nearing another critical juncture in the aftermath of the presidential elections on May 25, 2014. As previously reported on the Cabinet , U.S. and European leaders continue to assess whether Russian meddling constitutes grounds for the imposition of a new round of...
FinCEN issued an Advisory regarding changes to the Financial Action Task Force's ("FATF") lists of jurisdictions with strategic Anti-Money Laundering and Counter-Terrorist Financing ("AML/CFT") deficiencies. These changes affect the due diligence obligations of U.S. financial institutions. First,...
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