Tag: Money Laundering
Interview with Absa’s Nic Swingler
On a recent visit to South Africa, Financial Crime News was delighted to meet with Nic Swingler Head Financial Crime Compliance at Absa Group Limited,…
Modernising the Fight against Financial Crime by focussing on Effectiveness
Prepared Remarks from a Key note speech by John Cusack, Co Chair of the Wolfsberg Group at ACAMS Europe in Berlin in June 2019 on…
New FATF Priorities include targeting the Illegal Wildlife Trade
After an impressive year for FATF, under the US Presidency, which signed off last month, and concluded with the Florida Plenary, the Chinese Presidency now…
Crypto asks for more effective AML regulation – by Malcolm Wright
In February 2019, FATF issued its proposed recommendations for AML governance of the crypto industry. Under pressure from the international community, the FATF aimed to bring…
Financial Access is Essential for Modern Slavery Survivors by Commissioner Barry Koch
From the Financial Sector Commission on Modern Slavery and Human Trafficking / the Liechtenstein Initiative by Barry Koch The staggering estimates that 40 million people are trapped in…
Virtual Currency is joining the FATF club
Virtual Currencies (VC) have come a long way in the 10 years since Bitcoin first emerged, born out of the financial crises and now a…
What is Money Laundering?
Is Money Laundering a modern phenomena? Whilst the term “money laundering” in the sense we understand it now was first used in print in 1973…
Laundromats by Graham Barrow
So called laundromats, like the Russian, Azerbaijani and Troika laundromats are making headlines, tarnishing once stellar reputations, and leading to serious questions about their prevalence,…
Transparency Int’s CPI Results by Hillary Rosenberg
A common thread behind much of the financial success enjoyed by criminals is the prevalence and persistence of Corruption. According to the Global Corruption Barometer…
Selected Facts and Figures – from 2014
Key Facts and Figures on Financial Crime and contextual comparisons, from “Red Alert” published in 2014 (not yet updated) by John Cusack. Please contact the…
