money laundering RSS

The European Banking Authority (EBA) has launched its central database for anti-money laundering and counter-terrorist financing (AML/CFT). This European reporting System for material CFT/AML weaknesses, EuReCA, will be central to... read more

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Money laundering is about much more than white-collar crime. It is a process which fuels the activities of criminal gangs that are extremely harmful to European society as a whole.... read more

The post How to ramp up Europe’s fight against money laundering appeared first on Payments Cards & Mobile.

A new report, ‘Follow the Money’, describes the complex web of money laundering, money mules, front companies and cryptocurrencies that criminals use to siphon funds from the financial system after... more

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Research from Santander and former fraudster Tony Sales has exposed the dangerous hashtags on social media being used by criminals to recruit innocent – and particularly young – people into... more

The post The hashtags that could land you in jail appeared first on Payments Cards & Mobile.

International efforts to combat money laundering – which latterly have been closely connected with frustrating tax evasion and aggressive tax avoidance – and to staunch the supply of money to terrorist organisations have been coordinated by the Financial Action Taskforce, and have resulted in various series of FATF Recommendations and Special Recommendations. This body of [...]

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