As well as creating a ‘miracle’ of near riches for some investors the boom of the #Crypto asset sector has created a regulatory ‘Wild West’ and a growing, and largely untouched market. sekstrategies.com/our-work-1/get… #AML #financialtransparency

#DigitalAssets have grown to a $3T combined market cap, matched by #cryptocrime estimated at $8.6B. Though #moneylaundering accounted for .05% of all #cryptocurrency transactions last year, the sector is clearly vulnerable to abuse. sekstrategies.com/our-work-1/get…

#EU plans regs covering banks & real estate agents to include wallet & #Crypto service providers and traders accepting crypto for goods/services & people/platforms trading or mining #NFTs that represent #artwork, may be required to do #KYC and STRs coindesk.com/policy/2022/09…

NBC News: Federal prosecutors say sensitive U.S. military technology has been found in Russian weapons systems recovered in Ukraine. They've charged a group of Russians with illegally purchasing the technology through a network of shell companies and fake documentation.

It's not about the money.

📢 NEW! 1/2 illegal, unreported and unregulated (#IUU) fishing vessels were in Africa, causing $11.49bn losses from Illicit Financial Flows every year, $2bn in Argentina! 📚Read Financial Transparency Coalition & members’ report uncovering top companies behind this illicit trade: bit.ly/3WcPKWC

#cop27 officially started this week and risks becoming one of the casualties of Russia’s invasion of Ukraine and the resulting #energy crisis. States should move ahead and make a dedicated effort against rowing back on a decade of slow but genuine progress sekstrategies.com/our-work-1/cop…

Something to consider: there is the prospect of litigation in every state in which Trump files, based on lawsuits to disqualify him via the Fourteenth Amendment bar on insurrectionists running for office.

🔴#IUU fishing is destroying 🌍 fisheries. But those responsible use complex corporate structures to avoid punishment. Can BO transparency stop this? To find out join this Financial Transparency Coalition Fundacion SES high-level event! 🗓️30 Nov @ 14:00-15:30 UTC ➡️Register here! bit.ly/3i8C6nS

#vanre #bcpoli Gordon Hoekstra "British Columbia plans to introduce a new law that will allow authorities to seize houses and luxury cars if the owners cannot explain the source of the money to pay for them." vancouversun.com/business/bc-la…

📢La #pescailegal INDNR arrasa los recursos pesqueros🌍pero sus responsables no son detectados. ¿Puede la transparencia financiera evitarlo? ¡Siga este evento Financial Transparency Coalition Fundacion SES con Norad The Pew Trusts #StopTheBleeding! 🗓️30 Nov @ 14:00 GMT ➡️¡Regístrese aquí! bit.ly/3GHjDsE

Check it out - #AML commitments weren't that impressive in Bali's #g20 summit despite the hype... As Indonesia prepares to hand the #G20 presidency to India - let's see how the #Modi gov fairs on issues like #financialtransparency & #taxtransparency 👀👀sekstrategies.com/our-work-1/g20…

Moderating a panel 30/11 @ 14.00 GMT on #IUU fishing and the #beneficialownership behind illicit trade that drains US$23.5b / yr mainly from the Global South (English/Spanish) REGISTER HERE financialtransparency.org/fishy-networks… Financial Transparency Coalition Fundacion SES Norad The Pew Trusts #StopTheBleeding

BREAKING | NBC News: Danske Bank has pleaded guilty and will forfeit $2 Billion dollars after DOJ says it failed to have the anti-money laundering systems and transaction monitoring facilities to stop tainted foreign money — including Russian money — to enter the U.S. system.

The rates of mothers and newborn babies dying during pregnancy, at birth or postpartum are much higher in states that currently ban or restrict abortions than in states preserving access, according to a new report cnn.it/3YlUjik

The development of funds with strong #esg credentials has been touted as the next big thing. This could be positive but comes with a major qualifier: how strong are regs that keep those with little/no social/environmental affect off the market. sekstrategies.com/our-work-1/goi…

2023 will be key for financial transparency & tax justice as 85% of🌍will live under austerity, threatening #health, #education & #socialprotection What are 5 key trends to follow? Find out in this analysis by Financial Transparency Coalition director Matti Kohonen👇bit.ly/3ixTLWu #endausterity

According to the Uzbek central bank, deposits in the country grew by 60.5tn soms ($5.3bn) in 2022, twice as fast as the previous year, hinting at how Russians have retained access to cross-border commerce despite international sanctions on.ft.com/3KlUHHj

300+ #investors support smart #RiskManagement amid dangerous political backlash against sustainable investment - concerted attempts to weaken #ESG reporting demands that big market players join the campaign sekstrategies.com/our-work-1/inv…

Anti-money laundering expert Eryn Schornick said Yu’s alleged association with Jin, his business relationship with the Pangs, and the scores of firms he set up in different jurisdictions raise questions about whether some of his companies may be used for money laundering.