Money Laundering/AML

The Ukrainian parliament has adopted a law commonly referred to as the Tax Amnesty Law, which introduces voluntary disclosure program with respect to unreported taxable income and assets, international law firm Baker McKenzie has noted.

Napier, a London-based provider of anti-financial crime compliance solutions, has announced it has extended its global footprint by opening a new office at Dubai International Financial Centre (DIFC)

The UK’s Charity Commission has uncovered a trustee who controlled multiple charities and misled the regulator about his identity.

A Norwegian law firm has partnered with tech provider Attensi to create an anti-money laundering app

London based property developer Richard Leahy has agreed to hand over assets worth almost £2 million to settle a civil recovery claim based on alleged involvement in cannabis cultivation, money laundering and fraud

Bermuda enacted its Economic Substance Amendment Act 2021 on 30 June 2021

The Financial Action Task Force (FATF) found the majority of jurisdictions have not yet implemented its revised standards on virtual assets and virtual asset service providers (VASPs)

Detectives in London have made the UK’s largest cryptocurrency seizure worth nearly £180 million, superseding the previous record set by the Metropolitan Police just weeks ago

HMRC has confirmed the Money Laundering and Terrorist Financing (Amendment) (No.2) (High-Risk Countries) Regulations 2021 have come into force today (13 July)

A fraudster who used stolen cash to fund a lavish lifestyle filled with luxury cars and holidays has been sentenced to seven years in prison