US Marshal Office has developed a new service from which Bitcoins that were previously seized by the government can be cleaned and purchased directly from the law enforcement agency.
Read moreRegulatory pressure on Cypriot companies firming up, this time its about tax dodging Cypriot financial regulatory authority CySEC has released a press release today detailing information regarding an upcoming proposal by the European Commission that is aimed to fight terrorist financing and money laundering activities. CIFs by no means are expected to determine whether their…
Read moreThe bank ignored connections to politically exposed persons connected to companies operating from known money laundering jurisdictions The Financial Conduct Authority has issued a press release announcing that it has fined Standard bank PLC £7.6 million for failing to enforce proper anti-money laundering rules and procedures to ensure that corporate customers are not connected to…
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