The following provides updates on anti-money laundering and counter-terrorist financing developments, both in the UK and internationally, that Comsure has included in its training for the period from May 2017 to October 2017 The Highlights include: 1. PUBLICATION OF MONEY LAUNDERING REGULATIONS 2017 a. The Money Laundering, Terrorist Financing and Transfer of Funds (Information on […]

Deutsche Bank is reportedly leading an internal investigation into an alleged USD6bn laundry, using ‘relatively simple transactions’ to clean cash. Simple transactions used to launder money should be easy to identify – if the software does not pick it up, then the employees handling the transactions should be able to spot a suspicion. Basic anti-money […]