Anti-Money Laundering

Type: Keyphrase
Name: Anti-Money Laundering
First reported Apr 18 2014 - Updated Apr 18 2014 - 1 reports

Four Indians arrested with huge foreign currency cache

Kathmandu, April 18Nepal police have apprehended four Indians from Nepalgunj along the India-Nepal border Friday evening with a huge cache of foreign currency while they were trying to board a Kathmandu-bound flight at the local airport.The police confisticated ... [Published ProKerala.com - Apr 18 2014]
Entities: Moradabad, Kathmandu, Nepal
First reported Apr 18 2014 - Updated Apr 18 2014 - 1 reports

Problem Notes for SAS®9 - 41375: Performance is slow when executing the Bayes Alert Report macro in SAS Anti-Money Laundering

When running the %BAYES_ALERT_REPORT macro in SAS Anti-Money Laundering, you might experience slow performance. The performance problem might be due to outdated temporary tables statistics that are used in the SQL joins w ... [Published SAS - Apr 18 2014]
First reported Apr 18 2014 - Updated Apr 18 2014 - 1 reports

Gibraltar bank warns of new regulatory enforcement action, fines over money laundering

Gibraltar Private Bank & Trust Co. warned its shareholders that federal regulators are seeking to hit the bank with a new enforcement action and civil monetary penalties, including against individual board members.The Office of the Comptroller of the ... [Published Los Angeles Business - Apr 18 2014]
First reported Apr 18 2014 - Updated Apr 18 2014 - 1 reports

BAFT ramps up fight against financial crime with new working group

International financial services association BAFT announced a new working group aimed at increasing anti-money laundering efforts and helping the banking industry meet know-your-customer regulatory expectations.The Anti-Money Laundering and Know Your ... [Published BankCreditNews.com - Apr 18 2014]
First reported Apr 17 2014 - Updated Apr 18 2014 - 1 reports

Arab expat held with $60,000 in Manila

An Arab expat is being investigated for possible money-laundering after he was found to be in possession of $60,000 in his hand luggage upon arrival from Dammam at Ninoy Aquino International Airport in Manila.Abdulaziz Al-Homoud has been charged with ... [Published Arab News - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

Fight against money laundering

KATHMANDU: The state’s money laundering fighting body has been able to score 100 per cent success in getting the accused convicted since it began operations 33 months ago. The Special Court — that hears the cases lodged under the Anti-Money Laundering ... [Published Himalayan Times - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 2 reports

(Special for CAFS) S. African central bank fines lax banks

Contributed by NAMPA / Xinhua.JOHANNESBURG, April 16 (Xinhua) -- The South African Reserve Bank (SARB) on Wednesday said it has fined four biggest banks in the country a total of 125 million rand (about 12 million U.S. dollars) for failure to put in place ... [Published Namibia Press Agency - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 2 reports

Exclusive - U.S. weighs $5 million fine against ex-MoneyGram compliance chief

Several months ago Treasury's Financial Crimes Enforcement Network (FinCEN) sent a letter to Thomas Haider, who was MoneyGram's chief compliance officer when the anti-money laundering lapses occurred, notifying him of the potential multi-million dollar ... [Published NewsRT.co.uk - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

BSP to release new guidelines on anti-money laundering rules

Share this:The Bangko Sentral ng Pilipinas (BSP) is set to release additional guidelines this year revising the monitoring and examination procedures of anti-money laundering/counter financing for terrorism.The BSP has released the first of the circular ... [Published Manila Bulletin - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

Reserve Bank imposes administrative sanctions on banks

The South African 16 Apr 2014The South African Reserve Bank (SARB) conducted AML/CFT (Anti-money laundering and combating the financing of terrorism) inspections at Absa Bank Limited (Absa), FirstRand Bank Limited (FirstRand), Nedbank Limited (Nedbank), ... [Published South African Government - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

Banks fine gives chance to assess weaknesses: Gordhan

Finance Minister Pravin Gordhan says a decision by the Reserve Bank to fine the country's top four banks will provide opportunities to assess weaknesses in the country's banking system.The central bank has fined the commercial banks R125 million over ... [Published SABC - Apr 17 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

INTERNATIONAL PAYMENTS COMPLIANCE: SEEKING CERTAIN...

Today’s global population is more mobile than it has ever been – job-seekers looking overseas or across borders see barriers coming down; a second, or holiday home abroad is no longer the preserve of the very rich.With all this travel and relocation, ... [Published Global Banking & Finance Review - Apr 17 2014]

Quotes

...Anti-Money Laundering guidelines, the claims process could be delayed, says Frederick D'Souza, senior vice-president - underwriting, at HDFC Life. "The main reasons for claim rejections are non-disclosure of material facts or incorrect information pertaining to risk such as health, financial position, occupation, etc., at the time of the proposal. Claims are also rejected if they fall within the provisions excluded under the policy, e g., suicide within a year of policy, death within the waiting period and if policies have lapsed, rendering them ineligible for a claim" , D'Souza says
"When they started taking out money from underwear while inside the restroom, we caught them red-handed" he added
"This part of Africa is very deceptive and not like Europe where if you don't work, you may die. Here, you can sleep, do nothing and not die, unlike in Asia where, because of the big population, the pressure for one to survive is high. The struggle we have is to wake up our people, so they can live in a new way based on rationalized activities" , he emphasized
...cybercrime and to effectively addressing this contemporary security threat," said Jeannette Kloetzer, Deputy Head of the OSCE Centre in Astana. "The OSCE pays special attention to ensuring that efforts aimed at strengthening cybersecurity are in line with the protection of human rights and fundamental freedoms, including transparent and democratic Internet governance."

More Content

All (1505) | News (1293) | Reports (2) | Blogs (180) | Audio/Video (0) | Fact Sheets (11) | Press Releases (17)
sort by: Date | Relevance
Steps to render the claims process a breeze [Published Business Standard India - 6 hours ago]
Problem Notes for SAS®9 - 41375: Performance is... [Published SAS - Apr 18 2014]
Xpress Money to embark on aggressive expansion [Published Khaleej Times - Apr 18 2014]
Police chief: Clothes help traffickers launder ... [Published Nogales International - Apr 18 2014]
Estate agents get guidance to block money l.. [Published Salford Online - Apr 18 2014]
Gibraltar bank warns of new regulatory enforcem... [Published Los Angeles Business - Apr 18 2014]
Four Indians arrested with huge foreign currenc... [Published ProKerala.com - Apr 18 2014]
Espirito Santo Bank hires compliance chief Preg... [Published Los Angeles Business - Apr 18 2014]
BAFT ramps up fight against financial crime wit... [Published BankCreditNews.com - Apr 18 2014]
Righting Henry Jeffrey’s ‘intellectually defici... [Published Guyana Chronicle Online - Apr 18 2014]
Uganda: Trust Micro-Finance Agencies [Published AllAfrica.com - Apr 18 2014]
OSCE trains Kazakhstan's prosecutors on counter... [Published Kazinform - Apr 18 2014]
SEC, FINRA, DOL Enforcement: Iowa Advisor to Re... [Published AdvisorOne - Apr 18 2014]
Fight against money laundering [Published Himalayan Times - Apr 17 2014]
Offshore Lawyers' Liability: Recent Developments [Published JD Supra - Apr 17 2014]
Arab expat held with $60,000 in Manila [Published Arab News - Apr 17 2014]
Firm News April 17, 2014 [Published Accounting Today - Apr 17 2014]
World Council suggests revisions to internation... [Published CUNA News Now - Apr 17 2014]
Former Prosecutor and National Security Officia... [Published Main Justice - Apr 17 2014]
Exclusive - U.S. weighs $5 million fine against... [Published NewsRT.co.uk - Apr 17 2014]
BSP to release new guidelines on anti-money lau... [Published Manila Bulletin - Apr 17 2014]
MONEYGRAM : Exclusive: U.S. weighs $5 million f... [Published 4 Traders - Apr 17 2014]
Does Bitcoin really need MtGox? Probably not… [Published SiliconANGLE - Apr 17 2014]
(Special for CAFS) S. African central bank fine... [Published Namibia Press Agency - Apr 17 2014]
South Africa's c-bank fines 'big four' banks US... [Published 4 Traders - Apr 17 2014]
Reserve Bank imposes administrative sanctions o... [Published South African Government - Apr 17 2014]
Risk disclosure demands rise as European Parlia... [Published Commercial Risk Europe - Apr 17 2014]
Grand Central: Bubbles, Bubbles, Toil, and Trouble [Published WSJ.com: Real Time Economics - Apr 17 2014]
SARB slaps Big Four banks with R125m in fines -... [Published Liberty Group Limited - Apr 17 2014]
SARB fines country’s big banks [Published SAnews.gov.za - Apr 17 2014]
1 2 3 4 5 6 7 8 9 10 ...
In Focus
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
Content Volume
Document Volume
Network
Network

Blogs

sort by: Date | Relevance
Does Bitcoin really need MtGox? Probably not… [Published SiliconANGLE - Apr 17 2014]
Ailing Bitcoin exchange market Mt.Gox is facing liquidation after a Japan court denied its bid for rehabilitation. “The Tokyo District Court recognized that it would be difficult for the company to carry out the civil rehabilitation proceedings and ...
Grand Central: Bubbles, Bubbles, Toil, and Trouble [Published WSJ.com: Real Time Economics - Apr 17 2014]
The Wall Street Journal’s Daily Report on Global Central Banks for Thursday, April 17 Sign up for the newsletter:  http://on.wsj.com/grandcentralsignup . Highlights Da Costa’s Take: Bubbles, Bubbles, Toil, and Trouble Yellen Stakes Out a Flexible ...
How Burdensome Is New Financial Regulation? [Published Conglomerate - Apr 16 2014]
JPMorgan reported on how many people are required to do new regulatory compliance work.  Let's outsource to this take : "That one million hours a year devoted to resolution planning is 500 full-time employees""There are 8,000 employees 'dedicated ...
Russian Economy, Already Bruised, Faces Greater... [Published Think Progress - Apr 15 2014]
Russian president Vladimir Putin, left, speaks at a Cabinet meeting CREDIT: AP Photo/Sergei Karpukhin, Pool As Russia stands accused of supporting armed takeovers of government buildings in eastern Ukraine, its own economy is taking a hit from the ...
An Economic Sanctions Menu Targeting Russia [Published Econbrowser - Apr 13 2014]
As Russia fosters heightened instability in the eastern portions of Ukraine [0] , we should be considering what methods will impose maximum pain on Russian policymakers. Already, the Russian economy has taken a hit, even while in an already fragile ...
1 2 3 4 5 6 7 8 9 10 ...

Press Releases

sort by: Date | Relevance
Information Builders and IPSA International Par... [Published Financial Services - Mar 13 2014]
EXL, NominoData Partner for Anti-Money Launderi... [Published Financial Services - Mar 12 2014]
IDology Continues to Expand Internationally and... [Published GlobeNewswire: Acquisitions News - Mar 03 2014]
FINRA Fines Brown Brothers Harriman A Record $8... [Published FINRA Newsroom - Feb 05 2014]
FINRA Fines Banorte-Ixe Securities $475,000 for... [Published FINRA Newsroom - Jan 28 2014]
1 2 3 4
Contact Us
Sales
Support


Freebase CC-BY Some image thumbnails are sourced from Freebase, licensed under CC-BY

Copyright (C) 2014 Silobreaker Ltd. All rights reserved.
The selection and placement of stories and images on any Silobreaker page are determined automatically by a computer program.
The time or date displayed reflects when an article was added to or updated in Silobreaker.