Financial Crime Digest September 2020
This issue covers:
Financial Crime Digest
The Aperio Intelligence Financial Crime Digest is a monthly newsletter, targeted at investment and compliance professionals, which provides a synopsis of the latest regulatory and financial crime developments in the UK and worldwide. It provides technical and regulatory updates as well as a review of press and media coverage of topics including money laundering, terrorist financing, bribery and corruption, and sanctions.
Financial Crime Digest August 2020
This issue covers:
- US sanctions Chinese companies and officials over actions in South China Sea
- UK FCA proposes extending financial crime reporting to cryptoasset exchange providers
- An exclusive interview with the Head of the Financial Crime Unit in the EU Commission’s DG FISMA
Financial Crime Digest July 2020
This issue covers:
- UK introduces global human rights sanctions regime
- New York regulator fines Deutsche Bank over Epstein ties and correspondent relationships
- A special feature on Germany’s draft human rights and environmental due diligence law
Financial Crime Digest June 2020
This issue covers:
- Commerzbank London fined by UK Financial Conduct Authority for AML failings
- FATF issues first report on money laundering and the illegal wildlife trade
- A special feature on the new wave of US sanctions against Syria, which have come into force
Financial Crime Digest May 2020
This issue covers:
- European Commission proposes wide-ranging AML/CFT action plan
- US to impose sanctions on China in response to Hong Kong national security law
- A special feature on organised crime in Mexico during the Covid-19 pandemic
Financial Crime Digest April 2020
This issue covers:
- US authorities fine Korean bank for AML failings and sanctions breaches
- Chinese money laundering groups control hundreds of UK bank accounts, finds NCA report
- A special feature on the financial crime implications of the Covid-19 pandemic
Financial Crime Digest March 2020
This issue covers:
- Swedbank fined for AML breaches, and the publication of its AML compliance report
- US charges Venezuela’s Maduro and high-ranking officials with ‘narco-terrorism’
- A special feature on the UK Court of Appeal’s dismissal of Zamira Hajiyeva’s UWO appeal
Financial Crime Digest February 2020
This issue covers:
- Swiss regulator finds serious AML failings at Julius Baer
- UK consults on creating freeports with ‘simplified’ declaration rules
- A special feature on money laundering and the art market
Financial Crime Digest January 2020
This issue covers:
- Airbus pays record €3.59 billion to settle bribery charges in UK, France and US
- UN Security Council report identifies terrorism financing typologies
- A special feature on real estate agents: the UK’s weak link in money laundering?
Financial Crime Digest December 2019
This issue covers:
- Ericsson’s USD 1 billion fine for violating the US Foreign Corrupt Practices Act
- EU Council adopts conclusions on strategic priorities for AML/CFT
- A special feature on the financial crime trends in 2019 and beyond
Financial Crime Digest November 2019
This issue covers:
- AUSTRAC’s application for a court-ordered civil penalty against Westpac Banking Corporation
- Escalating allegations concerning Swedbank and SEB over their operations in Estonia
- A special feature on the Gunvor fine on bribery and corruption charges
Financial Crime Digest October 2019
This issue covers:
- The outcomes of the Financial Action Task Force plenary
- FinCEN’s final rule identifying Iran as a “jurisdiction of primary money laundering concern”
- UK Solicitors Regulation Authority AML assessment finds failings at “many firms”
Financial Crime Digest September 2019
This issue covers:
- The European Parliament’s resolution on the implementation of AML legislation
- British Arab Commercial Bank’s settlement with OFAC over alleged sanctions violations
- A special feature on counter-terrorist financing: old foes and new threats