The Estonian branch of Denmark’s biggest bank was a conduit for far bigger suspicious money flows than what has been reported so far, a fresh leak of bank data reveals. The total now runs to 53 billion Danish kroner (GBP 6,268,510,522.85) more than twice the previous estimate. That makes the Danske Bank scandal one of […]

  Estate agents are being slammed with “business busting” fines under new anti money laundering regulations, according to the head of the National Association of Estate Agents (NAEA), but the amounts are not public. Tighter regulations were introduced in 2017 under the Money Laundering Regulations, which require estate agents to do anti-money-laundering checks on both […]

A recent study (PDF) from the Foundation for Defense of Democracies’ Center on Sanctions and Illicit Finance and blockchain analytics company Elliptic explored the “bitcoin laundering” ecosystem. In the study, Elliptic’s forensic analysis of the Bitcoin blockchain and other publicly available data were used to track the flows of illicit funds from 2013 to 2016. […]

  The Council of Europe anti money laundering and counter terrorist financing body MONEYVAL has just published its General Activity Report for 2017.   Presenting the report to the Committee of Ministers of the Council of Europe on 30 May, the Chairman of MONEYVAL, Daniel Thelesklaf, pointed out that it is evident that the threats […]

   The BBC published the results of its long awaited investigation into London property holdings of a prominent Odessa based Ukrainian mafia clan. The article boils down the results of the BBC’s investigative television shown on its “Panorama,” programme in April 2018  Click here to read the article     The bombshell investigation alleges that members of the […]

The following case demonstrates the firm resolve of the Jersey authorities to combat international financial crime and money laundering by freezing the assets of criminals. Speaking after the trial, Attorney General Robert MacRae QC said – It shows that Jersey is no place to hide the proceeds of crime, although at this time there is […]

“It is of note that they are the biggest corporate donor to the Conservative party led by Prime Minister Theresa May and donated 1.25m Euros to the Prince Charles Trust.” The British government refused to assist a French investigation into suspected money laundering and tax fraud by the UK telecoms giant Lycamobile – citing the […]

The National Crime Agency boss Lynne Owens has been quoted as saying “We are looking to focus on corrupt professional enablers over the next 12 months.” This weekend (13/14 JAN 2018) she revealed the agency is “finalising” its first case against senior bankers for bribery and money laundering. “Specialist techniques” normally reserved for organised crime […]