EU Secures Deal on Anti-Money Laundering Rules
The European Council and Parliament reached an agreement on new anti-money laundering rules. The deal, hailed by Transparency International, incorporates measures to increase transparency on…
Treasury proposes rule to extend anti-money laundering regs to investment advisers
The Treasury Department’s corruption watchdog on Tuesday issued new proposed regulations that would extend major pieces of the anti-money laundering (AML) rules that apply to banks to some investment advisers, according…
Man pleads guilty in $1 billion scheme to dodge money laundering rules in New York
A man described as an “experienced anti-money laundering specialist” pleaded guilty on Wednesday to illegally funneling more than $1 billion in lucrative, high-risk transactions through…
EU agrees on stricter rules to combat money laundering and capture crypto assets
The European Union on Thursday agreed tougher anti-money laundering rules for crypto assets and dealers in luxury cars and yachts, warning that oligarchs and criminals…