BSA News Now

As the first trial arising from special counsel Robert Mueller's investigation into possible Russian interference during the US presidential election draws to a close, now is a good time to reflect on what has come to light so far.

A "whale" investor in the Stock Exchange of Thailand (SET) and staff at up to three Thai banks are suspected of being complicit in a 797 million baht (US$24 million) scandal involving a foreign investor.

Creating effective and engaging compliance training can be difficult, especially when the topics are complex and not everyone is a compliance expert.

The Asia Pacific Group (APG) on Money Laundering on Wednesday urged Pakistan to enact appropriate laws, enabling local officials to act upon requests of foreign countries to freeze illegal assets and making terrorism financing and money laundering extraditable offences.

Information received: there were almost 500 suspicious activity report filings to the Financial Intelligence Agency in 2016-17, the second highest number since the agency was formed in 2008.

SPAIN'S Royal Family has been rocked by another scandal after former Spanish King Juan Carlos was accused of money laundering by his ex-mistress.

Hong Kong police have frozen the bank accounts of runaway Chinese tycoon Guo Wengui as part of a HK$32.9 billion (US$4.2 billion) money laundering investigation that also involves his son and daughter, a court writ revealed.

Maduro and his family used lucrative access to currency exchange to amass an illicit fortune, and then laundered the proceeds in Malta.

The new law requires people intending to move 10,000 U.S. dollars or its equivalent in cash out of Zanzibar to declare their intentions to the TRA.

Raymond Uadiale pled guilty in connection with the spread of a ransomware referred to as "Reveton."

A former Canadian ambassador was associated with an investment made in a VIP room in a Macau casino leased from the Hong Kong business magnate Stanley Ho.

Challenges facing Pakistan on the banking sector front are full and formidable.

With the recent release of another 1.2 million files in data from a further "Panama Papers" leak, there are renewed questions being asked internationally around the complicity and facilitation of money laundering by lawyers.

The Chinese authorities have begun a coordinated crackdown on tax evasion and offshore currency transfers by some of the country's highest-paid celebrities, in a move to tamp public anger over a yawning income gap.

A Largo man has been sentenced to 10 years and 10 months in federal prison, according to the Department of Justice.

Fintech Identitii has launched the first ASX blockchain IPO in two years, aiming to raise $11 million ahead of a September listing.

THE Sinaloa drug cartel was once the largest and most powerful in the world. The Mexican organised crime body at one point controlled so much of the illicit drug trade across Mexico and the United States that taking them down is a process that began in the 1980's.

President Uhuru Kenyatta says he is ready to lose friends promising to sustain the war on corruption which has in recent weeks seen high-profile Kenyans arrested and charged.

The Iranian judiciary said Sunday that the authorities have arrested 67 people in a drive against financial crime, as special courts were being set up to try suspects quickly upon the orders of Supreme Leader Ali Khamenei.

The Spanish Royal Family has been plagued by scandals and divisions since long before the 2014 abdication of its once-patriarch and very popular King Juan Carlos - now facing serious accusations of money laundering - to his son, King Felipe VI.