Anti-Money Laundering

Niall Hearty, considers the thinking behind increased resources being given to the UK Financial Intelligence Unit

The UK National Crime Agency (NCA) is set to more than double the number of staff at the Financial Intelligence Unit (FIU), which is based within it.

By Niall Hearty  29 September 2021

Nicola Sharp explains why a large drop in money laundering penalties does not tell the full story

Penalties imposed for money laundering failings in the first half of 2021 were down 40% on the same period last year. But Nicola Sharp wrote a piece explaining why it would be wrong to place too much emphasis on the latest figures.

By Nicola Sharp  15 September 2021

Nicola Sharp, examines Japan’s response to the money laundering threat highlighted by the Financial Action Task Force

Japan has been urged to improve cooperation between its government agencies in order to tackle money laundering and the funding of terrorism.

By Nicola Sharp  7 September 2021

Syed Rahman considers Danske Bank shareholders’ unsuccessful attempt to argue its money laundering failings in Estonia amounted to fraud

Danske Bank and some of its former senior executives have defeated an appeal by shareholders who argued that they were defrauded due to the money laundering at the bank’s Estonian branch.

By Syedur Rahman  7 September 2021

Nicola Sharp, of financial crime specialists Rahman Ravelli, considers Dubai’s latest efforts to combat money laundering

A specialist court has been created in Dubai to tackle money laundering and other financial crimes.

By Nicola Sharp  27 August 2021

The UAE’s efforts to tackle money laundering have posed problems for some businesses

Niall Hearty of financial crime specialists Rahman Ravelli assesses the situation.

By Niall Hearty  25 August 2021

A money laundering investigation is causing difficulties for online bank Monzo

Nicola Sharp of financial crime specialists Rahman Ravelli sees the situation as part of a wider course of action by the Financial Conduct Authority.

By Nicola Sharp  25 August 2021

The European Union has raised the prospect of limits on cash-only purchases in order to remove the potential for money laundering

Niall Hearty of financial crime specialists Rahman Ravelli assesses the reasons behind the idea and the implications.

By Niall Hearty  17 August 2021

Nicola Sharp, of financial crime specialists Rahman Ravelli, considers the potential significance of European Union anti-money laundering guidelines

The European Union's banking regulator is proposing guidance for compliance officers in the financial sector as part of its efforts to tackle money laundering.

By Nicola Sharp  17 August 2021

The issue of anonymity and cryptoassets has become a major part of the European Commission’s anti-money laundering efforts

Syed Rahman of financial crime specialists Rahman Ravelli considers the Commission’s stance.

By Syedur Rahman  29 July 2021