Women are being traded as slaves on WhatsApp – here’s how the UN can act

The members of the United Nations Security Council hear terrible stories from conflict zones with alarming frequency. So it takes a truly horrific tale to bring them to tears. Yet as officials in the Council listened in December to Nadia Murad Basee Taha bravely...
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What does Brexit mean for Britain’s AML Legislation?

The UK has voted to leave the EU. It may be that the UK – with other non EU countries, such as Guernsey – will decide to keep the provisions of MLD4.  Or it may be that it will decide on different legislation. I could imagine execution of the beneficial ownership...
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Ten thousand fake credit cards seized from money laundering syndicate

A suspicious matter report (SMR) was the catalyst for a law enforcement operation which resulted in the arrest of three foreign nationals. The operation revealed a multi-million dollar money laundering syndicate which was laundering illicit proceeds derived from...
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The treaty of non-nuclear proliferation with Iran: $100 billion in frozen assets, is your financial Institutions prepared for the opportunities and challenges?

Iran a country of 80 million people generates a $400 billion economy, boasts the world’s fourth-largest oil reserves, the second-biggest stores of natural gas, and has well-established manufacturing and agricultural industries. Iran would get access to more than $100...
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Money laundering in Russia and what we know!

Money laundering in Russia has its own characteristics. In the normal world money laundering is the transformation of "illicit money" into "clean money": criminals selling drugs to invest in real estate, in Russia it is different. There money laundering mostly means...
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