Legal experts say the Trump administration is increasingly focused on prosecuting crimes only after the damage is done rather than enforcing Bank Secrecy Act regulations and other compliance-based ...

Placement is the first stage of the three stages of money laundering. At this stage, criminals attempt to enter the ‘dirty’ money into the financial system. This process can be dangerous because large ...

Introduction Stablecoins have emerged as a revolutionary financial instrument in the digital age, offering several advantages over traditional fiat currencies.

The UK's capital markets are a vital economic driver, and also a significant source of money laundering risk. This is a difficult area of risk for regulators and law enforcement to understand and ...

MONEY LAUNDERING HELPS ILLICIT ORGANIZATIONS by lowering their cost of capital, giving them a competitive advantage over legitimate businesses. NEITHER GOVERNMENT OFFICIALS NOR THE BUSINESS community ...

For sophisticated criminals, high-end artworks are more than just pretty pictures. Latin American cartels, a major Hezbollah financier and powerful Russian oligarchs have all exploited the luxury art ...

SEOUL, South Korea (AP) — Money laundering is not a good idea, as a South Korean found out when he or she put banknotes in a washing machine to remove possible traces of the coronavirus. Officials say ...

The misuse of citizenship to carry out financial crime, particularly money laundering, is a serious risk to the island, a ...