Money laundering – a term that often conjures images of clandestine operations in dark alleys or high-stakes financial manoeuvres in...
money laundering Tag
Money laundering is the illicit process of transforming the profits from criminal activities into "clean" money that can be used...
In a significant move to combat financial crime, HM Revenue and Customs (HMRC) issued penalties totaling £3.2 million to 240...
Knowledgebase / 22.02.2024
Strengthening the UK’s Defences Against Money Laundering: A New Era of Economic Crime Enforcement
The UK's commitment to combating money laundering and economic crime is emphasised by its latest legislative reforms and strong financial...
Knowledgebase / 20.02.2024
Combating Money Laundering: A Unified Front Against Financial Crime in the UK
The UK is witnessing a significant rise in money laundering activities, showcasing the complexities of modern financial crimes. Businesses are...
The European Union and the United Kingdom have been at the forefront of combating money laundering and terrorist financing. The...
Knowledgebase / 08.02.2024
3 Global Hotspots Expose Money Laundering Network: Glasgow, Montenegro, and the UK’s Financial Core
Money laundering significantly impacts the global economy, with estimates suggesting that up to $2 trillion is laundered annually worldwide. This...
Knowledgebase / 25.10.2023
AML Regulations in Caribbean Real Estate: The Vital Role of Ongoing AML Training
The Caribbean region including Aruba and Grenada, known for their pristine beaches and stunning landscapes, are popular destinations for real...
toFor starters, money laundering 'cleans' the dirty origins of illegally-obtained cash. So, Money launderers are frauds who use illegal means...