To take on illicit finance and the bad actors that so quickly adapt to new opportunities, a coordinated approach should be pursued, including the following steps: Prioritizing clear system leadership.

Mass adoption of stablecoins will amplify illicit finance risks, particularly when it is handled unevenly across difference ...

The Financial Action Task Force (FATF), a global financial crime watchdog, on Thursday called on countries to take stronger ...

Immigrants in the U.S. will have to pay a new tax on money sent to their home countries, which may push them toward ...

The City of London Police's Insurance Fraud Enforcement Department head, Nik Jethwa, explains how the unit is striving to ...

President Trump should advocate for the Financial Action Task Force to be applied to other nations, such as Lebanon, in order ...

Illicit Finance: Criminals Still Prefer Cash Over Crypto. Robert Whitaker, director of law enforcement affairs at Merkle Science, noted that U.S. crypto exchanges must comply with strict know-your ...

Africa loses an estimated US$88.6billion each year to illicit financial flows, undermining foreign direct investment (FDI), ...

Kenya has intensified its efforts to combat illicit financial flows (IFFs) and strengthen its regulatory framework in a bid to be removed from the Financial Action Task Force (FATF) grey list. The ...

A S$2.8bil money-laundering case that rocked Singapore in 2023 has put a spotlight on the republic’s work in having to continuously monitor and improve its legislative and regulatory measures.

Costa Rican prosecutors have accused President Rodrigo Chaves, the vice president, foreign affairs minister and four ...