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When the June 3 deadline for complying with the Sixth Anti-Money Laundering Directive hits, businesses around the world will be legally liable for KYC compliance.

Lawrence accepted his signing bonus from this endorsement deal exclusively in crypto in a mix of bitcoin, ethereum and Solana

Survey results released by Duff & Phelps, A Kroll Business, a provider of governance, risk and transparency solutions, reveal that 81% of respondents agreed or strongly agreed the concept of Digital ID would improve the effectiveness of financial crime prevention across the FS industry.

The FCA is extending its existing annual financial crime reporting obligation (termed the "REP-CRIM" by the FCA) to a broader range of firm types. The change is expected to impact approximately 4500 firms who were previously not in scope.

Dong Hong's case has been handed over to prosecutors amid allegations that he committed 'grave violations' of Communist Party discipline

The Biden administration is considering creating a task force of officials from the U.S. Justice and State Departments and other agencies to help local prosecutors fight corruption in Central America's Northern Triangle countries, a senior U.S. official said on Thursday.

Key institutions from across the UAE benefitted from the skills and knowledge exchange

Officials in South Korea have said there will be "no illegal cryptocurrency transaction in the country", following meetings to address the volatility of digital currency markets and their illegal use in crimes such as money laundering.

He was former president of Peoples Trust and Savings Bank

Chabad of Poway's former head rabbi faces a maximum five-year prison sentence for tax-evasion and other financial crimes he pled guilty to last July.

Anti-money laundering (AML) compliance is a growing concern for financial institutions, brokers, and other businesses.

Bitcoin and its many peers have surged to new levels of popularity over the past year, but they're still a mystery to many investors.

The United Arab Emirates (UAE) has issued new guidelines on anti-money laundering (AML) and combatting the financing of terrorism (CFT) to raise awareness of the importance of adhering to financial crime legislation.

Reagor Dykes Auto Group owner Bart Reagor has been charged with lying about using business loans for personal expenses, announced Acting U.S. Attorney for the Northern District of Texas Prerak Shah.

NatWest Group has insisted it is making financial crime detection a "key priority" as it faces criminal action by the City watchdog for alleged money-laundering failures.

Britain will crack down on online scams and make platforms that make money from advertising financial products more accountable, financial services minister John Glen said on Wednesday.

Five federal banking regulators - the Federal Reserve, Consumer Financial Protection Bureau, Federal Deposit Insurance Corp., National Credit Union Administration, and Office of the Comptroller of the Currency- issued a request for information (RFI) late last month regarding the use of AI and ML tools by banks and other financial service providers like FinTechs.

Former South African President Jacob Zuma's legal team has quit less than a month before he goes on trial on corruption charges, local publication News 24 said on Wednesday.

PayPal's peer-to-peer payment service Venmo has started letting users to buy, sell and hold bitcoin, ethereum, litecoin and bitcoin cash, the next step in PayPal's foray into digital assets.

The National Anti-Corruption Commission (NACC) is looking into a discrepancy in an asset declaration of Deputy Transport Minister Weerasak Wangsuphakijkosol and his wife Yolada, in which a 10-billion-baht debt was written off within two years.