Uppsala Security has reportedly conducted the very first “Virtual Assets AML Training Program” for partners and government agency compliance officers. “The Training Program was initiated as a ...

Money laundering is a massive global problem estimated at 2-5% of global GDP (up to $2 trillion annually). In response to the situation, regulatory authorities worldwide are developing stringent laws ...

The DOJ and FinCEN reached resolutions with Paxful, a US-based virtual currency trading platform, over Bank Secrecy Act and AML ...

Question: Our Anti-Money Laundering (AML) program has been implemented from the effective compliance date. It contains all the required elements, including the training component. Recently, a trainer ...

Notwithstanding the foregoing, as a good business practice and to align with industry standards, Advisers are increasingly implementing for themselves and their Private Funds limited anti-money ...

On July 31, 2023, the SEC’s Division of Examinations issued a risk alert presenting observations regarding deficiencies with respect to compliance with key anti-money laundering (AML) requirements ...

King and Spalding partner Matt Biben and counsel Joshua Roberts discuss the Bank Secrecy Act and evaluate potential reforms, including some under current consideration by Congress, as well as emerging ...

When TD Bank pleaded guilty last fall to criminal money-laundering conspiracy charges and agreed to pay $3.09 billion in fines, its board of directors also promised to improve AML staffing. Processing ...

Have you given a thought to Anti-Money Laundering (AML) compliance? If not, now’s the time, because UK regulators are tightening the screws. According ...

Firms that fail to prioritise Anti-Money Laundering (AML) training risk regulatory penalties, warns The Professional Alternative, following critical findings from the Solicitors Regulation Authority’s ...