Australia's largest banks have told at least 17 virtual currency firms that they will close their accounts, illicit financial flows out of Russia from 1994 and 2012 exceeded $3.2 trillion, and more, in the midweek roundup.
Group of 20 members reaffirmed their commitment to combat terrorist financing, U.S. and EU officials have finalized an agreement to exchange personal data in counterterrorist financing investigations, and more, in the midweek roundup.
Western Union will commit additional resources beyond the $250 million it spends annually to prevent fraud and money laundering, the Dubai Financial Services Authority fined Arqaam Capital $50,000 for unspecified AML violations, and more, in the midweek roundup.
The suspected father-in-law of former Zetas cartel boss Omar Treviño was arrested on criminal conspiracy and money laundering charges, Iraq's parliament is expected to approve an AML bill that will help bring the nation in line with international standards, and more, in the midweek roundup.
U.S. officials extended temporary sanctions relief for Iran through July 10, Nigerian officials are exploring measures to curtail the inflow of undeclared foreign currency into the country, and more, in the midweek roundup.
South Korea's FIU fined Woori Bank nearly $2 million for failing to report around 300 transactions, the United Arab Emirates inked a deal to implement FATCA, and more, in the midweek roundup.
White House officials are mulling over whether to sanction Chinese hackers for theft of government records on 4-million employees, Sepp Blatter faces interrogation in the FIFA corruption probe, and more, in the midweek roundup.
The Holy See will submit information on Americans with Vatican bank accounts to the U.S., German investigators raided Deutsche Bank's headquarters in Berlin on suspicion of tax fraud in securities transactions, and more, in the midweek roundup.
Credit unions are increasingly vulnerable to money laundering, Standard Charted and Barclays have launched internal investigations of payments by FIFA officials, and more, in the midweek roundup.
Uzbekistan has drafted a law intended to crack down on the abuse of offshore jurisdictions, the EU and Switzerland signed an agreement to clamp down on tax cheats, and more, in the midweek roundup.
The EU Parliament officially endorsed the economic bloc's Fourth Anti-Money Laundering Directive, the Cuban government has established a relationship with an unidentified U.S. bank, and more, in the midweek roundup.
The U.S. Federal Reserve Board barred five former Credit Suisse bankers from employment in the banking sector, Europol and Spain's Guardia Civil arrested 32 Chinese citizens suspected of laundering over 300 million euros, and more, in the midweek roundup.
Money laundering investigations in Spain have increased by 51 percent in the last three years, New York Judge John Gleeson ordered HSBC to detail its progress in meeting the terms of a DPA, and more, in the midweek roundup.
Germany is looking to introduce "more effective" curbs on terrorist financing, the EU's General Court upheld sanctions on individuals and companies linked to Zimbabwe's government, and more, in the midweek roundup.
British officials have collected 100 million pounds in revenue thus far from a tax on corporate-owned luxury homes that took effect last year, India revised its list of money laundering predicate crimes to include income tax evasion, and more, in the midweek roundup.
Capital One Financial Corp. disclosed it had received requests for information from federal prosecutors as part of a money laundering probe, a former Panama Supreme Court judge was sentenced to five years detention after pleading guilty to illicit enrichment, and more, in the midweek roundup.
Canada announced sanctions against 37 Russian and Ukrainian individuals and 17 entities, banks in Ireland need to improve AML training and risk assessment procedures, and more, in the midweek roundup.
The Royal Bank of Canada is closing its wealth management offices in Brazil, Chile and other South American nations, Hong Kong's FIU received more than 100 STRs each day in 2014, and more, in the midweek roundup.
EU officials will appeal a high court ruling that removed Hamas from the 28-member bloc's blacklist, Colombia arrested the CEO of CI Goldex SA for allegedly executing the nation's largest-ever money laundering scheme, and more, in the midweek roundup.
The Cayman Islands will not create a register of corporate beneficial owners, rampant corruption in public contracts has led to a widespread failure of Iraq's infrastructure, and more, in the midweek roundup.