Taiwan and Other Regions

Dec 8, 20242 min read

Pakistani and Chinese banks under scrutiny for violations of anti-money laundering laws

Sri Lanka's agency responsible for countering money laundering and terrorism financing has levied penalties against Pakistani and Chinese...

Dec 8, 20242 min read

$1.15 Million seized in money laundering investigation

Detectives from the Financial and Cyber Crime Group’s Money Laundering Unit have successfully concluded Operation Victor Orcus,...

Dec 8, 20241 min read

Ex-EU Commissioner Reynders Under Investigation for Alleged Money Laundering

Former EU Commissioner for Justice Didier Reynders is under investigation by Belgian authorities for alleged money laundering, the...

Dec 8, 20244 min read

Nigeria Inching Closer To Exiting FATF’s Grey List

The country’s rigorous actions aimed at dismantling the business of money laundering and illicit financial flows are yielding fruits....

Dec 3, 20242 min read

Legislation to strengthen Australia’s anti-money laundering and counter-terrorism financing regime has passed Parliament

AUSTRAC welcomes the passage of the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Amendment Bill 2024 through...

Dec 3, 20242 min read

We’re working to remove Nigeria from grey list for money laundering, says NFIU boss

Hafsat Bakari, the chief executive officer (CEO) of the Nigerian Financial Intelligence Unit (NFIU), says the country has earned more...

Dec 3, 20243 min read

Investment entrant fraud: Immigration consultant charged by ICAC faces 10 additional charges, four clients and an employee indicted

The ICAC had earlier charged a former proprietor of an immigration consultancy for allegedly conspiring with a client to deceive the...

Dec 3, 20243 min read

Mastermind and 12 others charged by ICAC in $52m dummy agents commissions fraud plead guilty in District Court

An ICAC corruption investigation earlier revealed a dummy insurance agents’ scheme where individuals had conspired together to defraud...

Nov 24, 20241 min read

Prosecutors: 9 caught laundering cash into cryptocurrency for drug cartels

A grand jury indicted nine for conspiring to launder U.S. currency into cryptocurrency on behalf of drug cartels and for running an...

Nov 24, 20242 min read

Insurance intermediary charged by ICAC gets seven months’ jail for conspiring with policyholders over insurance claims fraud

An insurance intermediary, charged by the ICAC, was today (November 19) sentenced to seven months’ imprisonment at the Eastern...