Friday, August 23, 2019
Tags AML

Tag: AML

Thailand’s Anti-Money Laundering Office Amending Laws to Counter Crypto Money Laundering

Police Major Gen Preecha Charoensahayanon, chief of Thailand’s Anti-Money Laundering Office (AMLO) Read more: crowdfundinsider

AML detection outfit FinCom.Co comes to the UK

To help UK financial institutions and businesses stamp out money laundering activities, remain compliant with legislation, and improve efficiencies, Israeli fintech start-up, FinCom.Co, today announces the launch of its services in the UK through the London Stock Exchange’s Issuer Services Marketplace. Read more:

MUFG Bank enters consent order with US OCC to improve AML

MUFG Bank has entered a consent order with the US Office of the Comptroller of the Currency (OCC) to improve its AML compliance. Read more:

European Supervisory Authorities to aid information exchanges needed for AML/CFT

The European Supervisory Authorities (ESAs) has established a multilateral agreement for the ‘practical modalities’ for information exchange between Read more:

EU AML overseer unnecessary as NCAs have “right tools in place”

A series of money laundering scandals in 2018 have catalyzed discussion in Brussels about the formation of a centralized anti-money laundering (AML) body, Read more:

South African Reserve Bank fines HSBC for AML, CTF failures

The Prudential Authority of the South African Reserve Bank has fined HSBC Bank R 15m ($1m) for failures in AML and CTF.:

AML regulations & data protection procedures are blocking FinTech development

The biggest regulatory obstacles blocking the development of FinTech across the EU are prudential rules, AML regulations and data protection procedures, according to new research. Read More:

OCC fine Capital One $100m for AML deficiencies

The Office of the Comptroller of the Currency (OCC) has handed a $100m fine to Capital One Bank for AML deficiencies. Read more:

ClearBank picks Featurespace for fraud & AML detection

ClearBank, the UK’s first new clearing bank, has picked Featurespace’s ARIC platform to address fraud and AML detection.

Hummingbird collects $3m for AML platform

Hummingbird, a provider of anti-money laundering and counter-terrorist financing investigations, has raised $3m. Read More: