The London office of Reed Business Information sold critical data that helped sanctioned banks funding chemical and nuclear weapons in Syria and Iran make complex international transactions. A BuzzFeed News Investigation unravels the web. The Middle East salesman had been wrestling with his conscience for more than a month when the barrel bombs broke and […]

On 17 February 2015 the Central Bank of Ireland published a report of its observations in relation to AML/CFT and financial sanctions compliance. The report deals with the Irish banking sector, but the issues identified by the Central Bank will be familiar to compliance professionals working throughout the world and it is useful reading for […]

The Financial Action Task Force (FATF) has issued a report on the funding of terrorist organisation Islamic State in Iraq and the Levant (ISIL). The report suggests countermeasures that governments can take to combat key terrorist financing risks, and identifies certain risks on which the FATF will conduct further research in order to determine the […]

The Financial Action Task Force (FATF) has published an updated best practices paper on targeted financial sanctions relating to terrorism and terrorist financing. FATF recommendation 6 requires countries to implement the targeted financial sanction regimes to comply with the UN Security Council Resolutions (UNSCRs) relating to the prevention and suppression of terrorism and terrorist financing. […]