AML
US sanctions Tornado Cash crypto mixer in money laundering crackdown
The US Treasury this week sanctioned Tornado Cash, a cryptocurrency 'mixer' that allows users to obfuscate their transactions, over its…
Is ‘e-money’ a money laundering risk?
Investigations have linked UK-registered electronic money institutions (EMIs), which can issue pre-paid payment cards or digital wallets, to money laundering,…
Can AI improve international sanctions?
On July 25th 2019, programmers in Iran awoke to disaster. GitHub, an online code repository and collaboration platform for software…
Can technology fix banking’s ‘dirty money’ problem?
In September, a huge cache of documents leaked from the US financial crimes authority revealed banks continue to unwittingly move…
The FCA is “Waving the White Flag” Over AML, KYC Processes
The last pandemic to reach such deadly proportions was the Spanish Flu at the end of World War One, writes…
