In the four years since AUSTRAC’s enforcement action against Australia’s largest gambling company, Tabcorp, anti-money-laundering compliance has been in the spotlight. There’s now much more awareness of how financial intelligence on child exploitation, organised crime …
On 26 February, the Paris-based Financial Action Task Force (FATF), a 39-country anti–money laundering and counter–terrorism financing watchdog, decided to yet again keep Pakistan on the ‘grey list’ for failing to complete the last three …
Cryptocurrencies are having a moment. Not only is the price of one bitcoin hovering around the all-time high of nearly US$42,000 it hit in early January, but the Reserve Bank of Australia has announced that …
Iran’s economy minister, Farhad Dejpasand, has called on the multilateral Financial Action Task Force (FATF) to discipline the US over its use of budget funds to finance the assassination of General Qassem Soleimani at Baghdad …
Despite the best efforts of law enforcement agencies, regulators, international government organisations, diplomats and a complex framework of multilateral legislative and cooperative arrangements, the cost of financial crime and money laundering globally and regionally remains …
