A look at money laundering settlements since 2009DailyFinance-British banking giant HSBC will pay a record $1.9 billion to settle a money-laundering probe by U.S. federal and state authorities, a law enforcement official said Monday. The probe of Europe's largest bank by market value has focused on the transfer …
Source: Money Laundering

The Voice of RussiaAfghanistan still vulnerable in money laundering, as cash flow remains …The Voice of Russia“Bulk currency counters are an important anti-money laundering tool because they can capture currency serial numbers, data useful for detecting and investigating financial crimes” says the report published by the U.S.'s Special Inspector General for …
Source: Money Laundering

Chatter: HSBC hit with record fine for money-launderingGlobalPost (blog)Chatter: HSBC hit with record fine for money-laundering. A banking giant is fined billions for dodgy money transfers, Nelson Mandela has a chest infection, and hippies have convinced us that the world is about to end. Jessica PhelanDecember 11, 2012 07 …and more
Source: Money Laundering

NPR (blog)'Profoundly Sorry' HSBC Reaches $1.9B Settlement In Money-Laundering CaseNPR (blog)11. Settlement Announced: Saying that “we accept responsibility for our past mistakes,” the chief executive of Britain's HSBC has confirmed that the banking giant will pay a record $1.9 billion to settle charges related to a money laundering scheme in …
Source: Money Laundering

China moves to stem money laundering through Macau casinosVancouver SunIn what may be one of history's more spectacular examples of shutting the stable door after the horse has bolted, China's new Communist party leadership is trying to stem the torrents of money spilling out of the country, nearly $500 billion last year …and more
Source: Money Laundering

Burien woman sentenced for money laundering | US District CourtMaple Valley ReporterA Burien woman was sentenced today in U.S. District Court in Seattle, to five years in prison and five years of supervised release for four felony counts connected to the laundering of illegal proceeds from the drug distribution conspiracy she …
Source: Money Laundering

New York TimesBritish banks close to settling US money-laundering chargesWashington PostTwo of Europe's largest banks are close to handing over a total of more than $2 billion to resolve allegations that they flouted U.S. anti-money-laundering laws, according to officials and people familiar with the matter. The twin investigations are …Standard Chartered to pay $330 million more in probeLos Angeles TimesUK banks face $2.5bn fines over sanctions and money launderingThe IndependentBanks fined $2.4bn for sanction breaches and money launderingThe Times (subscription)New York Times -Equities.com -South China Morning Postall 286 news articles
Source: Money Laundering

AGs office hits back at money laundering reportCyprus MailTHE LEGAL Service yesterday rejected reports in the British press that the Cypriot authorities refused to investigate claims of Russian money laundering through the island's banks. The Office of the Attorney-general further questioned the motive behind …and more
Source: Money Laundering