Tags » AML

Compliance Careers Far Outstrip Available Talent

- very few persons graduating with compliance degrees, so positions go unfilled – listen to the podcast by the nation’s lead Compliance Recruiter and read the WSJ… 53 more words


AU10TIX Announces Advanced Authentication of Russian Domestic Passports, Meeting Increasing Forex Market Demand

AU10TIX BOS now incorporates advanced reflection detection, updated Cyrillic-to-English transcription, analysis of the unique vertical document number, and the extraction of image file meta-data. AU10TIX BOS handles all versions of this primary identification document of the Russian (versions 1,2,3), with up to 82% success rate in processing online-submitted images. 696 more words

Will that be cash, sir?

About three weeks ago Singapore announced that it is going to stop issuing its $10,000 notes because of “the risks associated with large value cash transactions and high-value notes”, according to the Monetary Authority of Singapore.  422 more words

Money Laundering

Microsoft under Chinese Antitrust Scrutiny?

Yesterday, July 28, the Western press, including the Washington Post and South China Morning Post, as well as Chinese online media reported that the State Administration for Industry and Commerce (SAIC), one of China’s three antitrust regulators, was investigating Microsoft for possible antitrust violations by visiting Microsoft’s offices at Beijing, Shanghai, Guangzhou and Chengdu. 627 more words

China IPR

Australia: cash smuggling ex-bank jailed

A judge in Sydney has sentenced a former Bank of China employee to four months behind bars for attempting to shift AUD800,000 (USD751,000).

The court used… 71 more words


Thailand: AML laws used on small corrupt businesses

The Anti-Money Laundering police division in Phuket has flexed its muscles to seize cash from allegedly corrupt taxi and tuk-tuk firms around the island.

The crack down on Phuket’s tuk-tuk ‘mafia’ began in earnest after the… 242 more words


Ex-boss of stricken Banco Espirito Santo arrested

Ricardo Salgado, who was recently forced to quit as head of stricken Portuguese bank Banco Espirito Santo (BES), was arrested on Thursday in connection with money-laundering. 826 more words