The United Kingdom is consulting with foreign governments and financial centers to create an international "safe harbor" intelligence-sharing network to combat high-end money laundering, a senior investigator told ACAMS moneylaundering.com. Nigel Kirby, deputy head of economic crime at the U.K. National Crime Agency, said the proposed global network would build upon an ongoing U.K. public-private partnership that has resulted in dozens of arrests and the identification of more than 2,000 suspicious bank accounts from February 2015 to October 2016. The Joint Money Laundering Intelligence Taskforce, or JMLIT, which started as a 12-month pilot project, could soon increase domestically to include...
A former supervisor of Deutsche Bank's now-defunct trading unit in Moscow "appears" to have accepted bribes to help launder billions of dollars for Russian clients through the lender's branches in London and New York, the state's financial regulator said Monday.
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