Money Laundering
EU to propose new body to tackle dirty money
The European Union will propose a new agency to crack down on money laundering and new transparency rules for transfers of crypto-assets,…
China arrests over 1,100 suspects in crackdown on crypto-related money laundering
Police in China arrested over 1,100 people suspected of using cryptocurrencies to launder illegal proceeds from telephone and Internet scams in a…
Australian financial crime watchdog widens probe on casinos already reeling from COVID
Australia's anti-money-laundering agency on Monday widened a probe into due diligence at casinos to include the three biggest operators, ratcheting up pressure…
EU steps up its rules on cash controls to fight money laundering and terrorist financing
New rules come into force tomorrow, 3 June, which will improve the EU's system of controls of cash entering and leaving the…
Malta: Man arraigned in Court charged with money-laundering – claims he was saving money from his pension
Mario Brignone, 66, from Bormla was arraigned in Court, charged with money-laundering and of breaching the conditions imposed by the Court in…
Malta: Dedicated FIAU team to enforce €10,000 cash limit rule
A dedicated team within Malta’s anti-money laundering unit, the FIAU, is being set up to enforce a recently imposed €10,000 limit for…
Turkey adds crypto firms to money laundering, terror financing rules
ISTANBUL, May 1 (Reuters) - Turkey added cryptocurrency trading platforms to the list of firms covered by anti-money laundering and terrorism financing…
Malta: Charged with using Valletta-Marsaxlokk fish restaurants in money laundering case
29-year old Florinda Sultana, the daughter of former Maltese footballer Darren Debono’s partner, and Albert Buttigieg, a former BNF bank high official,…
UPDATED: Malta News Briefing – Tuesday 23 February 2021
Updated 1745- News portal briefing Times of Malta reports that the COVID-19 pandemic cost the Maltese government an estimated €900 million last…
EU urged to push UK harder on tackling tax avoidance and money laundering – FT
Financial Times - The EU is being urged to withhold legal permits allowing UK financial services companies easy access to the single…
Malta: Government official accused of money laundering – €500,000 found at his home
A government official who served as consul-general at Malta's consulate in Shanghai, Aldo Cutajar, 55, has been kept behind bars after being…
Succeeding the Moneyval test is a shared responsibility – Malta Chamber
The Malta Chamber called for a clear communication strategy to report on unambiguous progress achieved in updating Malta’s regulatory infrastructure relating to…