The Financial Action Task Force updated the list of jurisdictions with strategic deficiencies in combating anti-money laundering and countering the financing of terrorism.
News & Insights
The Financial Action Task Force updated the list of jurisdictions with strategic deficiencies in combating anti-money laundering and countering the financing of terrorism.
The Financial Crimes Enforcement Network ("FinCEN") expanded its efforts to combat money laundering in the luxury residential real estate market. FinCen also issued guidance on the risks associated with "all-cash" transactions in that market.
The Chief Compliance Officer of MoneyGram International agreed to settle fraud charges brought by FinCEN and the United States Attorney that included failures to develop and implement adequate anti-money laundering programs as required by the Bank Secrecy Act.
The Financial Action Task Force updated the list of jurisdictions with strategic deficiencies in combating anti-money laundering and countering the financing of terrorism.