The SEC has charged Merrill Lynch, Pierce, Fenner & Smith Incorporated and its parent company BAC North America Holding Co. (BACNAH) for not filing hundreds of Suspicious Activity Reports (SARs) from 2009 to late 2019. aml.bz/3NQ9LP7

US Treasury Taps Sanctions Architect to Lead FinCEN aml.bz/43qAfwC

APRA released the final new cross-industry Prudential Standard CPS 230 Operational Risk Management (CPS 230). The new standard is designed to strengthen the management of operational risk, respond to business disruptions. aml.bz/3PXO1DE

A Sydney woman who embezzled millions of dollars from the National Australia Bank (NAB) has been jailed for a maximum of 15 years by a judge who described the crime as "breathtaking in its audacity". aml.bz/3Q4tCgs

S$1 billion in houses, cars, money and goods seized or frozen in one of Singapore's largest money laundering probes aml.bz/3qycsNI

US FinCEN Analysis Reveals Trends and Patterns in Suspicious Activity Potentially Tied to Evasion of Russia-Related Export Controls aml.bz/45LivxK

Singapore’s billion-dollar money laundering case explained aml.bz/3PS70iJ

Deutsche Bank Subsidiary DWS to Pay $25 Million for Anti-Money Laundering Violations and Misstatements Regarding ESG Investments aml.bz/3EPvfI2

🇸🇬 Singapore remains unwavering in its commitment to combat money laundering. Arrests and asset seizures exceeding S$2.8 billion highlight its robust AML efforts. Singapore maintains a strong, principled approach to uphold trust in its financial centre. aml.bz/46fSib7

🇸🇬 Minister Alvin Tan shares insights on Singapore's unwavering commitment to a robust Anti-Money Laundering regime. From prevention to global cooperation, Singapore stands firm in maintaining its trusted status in the financial world. aml.bz/3ZPSmMb

Hindenburg Research's latest report highlights red flags in the Nanban Ventures case. 🕵️‍♂️ 👉 Ponzi-like claims 👉 Fictitious asset management 👉 Inconsistent asset allocations aml.bz/3M1lOZN

US - SEC obtained a temporary restraining order, asset freeze, and other emergency relief to halt an ongoing fraud targeting the Indian American community that has raised nearly $130 million since April 2021. aml.bz/3FphvnD

🌐 FATF Plenary Update 📊 Key Developments: Crowdfunding against terrorism Revised Rec. 8 for NPOs Enhanced Asset Recovery Tackling Cyber-Enabled Fraud Curbing Investment Misuse Beneficial Ownership Boost Assessments & Compliance Monitoring Jurisdictions aml.bz/3MmatUm

FATF Report on Crowdfunding for Terrorism Financing: Understanding the Risks and Mitigating Strategies 🤔💰🔫 Key findings: 💸 Dedicated platforms & websites 📱 Social media & messaging apps 🤖 Virtual assets (Bitcoin, privacy coins) Read the full report: aml.bz/3QIHVHy

Explore the new FATF report on countering cyber fraud. It's a global effort with insights on info sharing, anti-fraud measures, and digital forensics in money laundering. 🌐🔒 🕵️‍♂️ aml.bz/46X1rWh

AUSTRAC - Top tips for completing your 2023 compliance report aml.bz/46XD1LD

EU - Bahamas, Belize, Seychelles and Turks and Caicos Islands removed from the EU list of non-cooperative jurisdictions for tax purposes aml.bz/48jomLi

🚨 Former Stericycle finance director indicted for alleged $10M bribery scheme in Brazil, Mexico, & Argentina. Highlights the importance of compliance, transparency, and internal controls in preventing corruption. ✅📉 aml.bz/43qDxS0

Star Entertainment Group's CEO and CFO resigned following Queensland's gambling reform. The move comes after the passing of gambling reforms in Queensland and amid ongoing regulatory pressures. aml.bz/3TEo7W2