Hundreds of American-themed sweet shops, hairdressers and car washes have been raided as part of a mammoth operation on suspected money laundering rackets.

Amid calls for City law firms to apply tougher anti-money laundering controls, Ellen Gallagher argues that over-compliance ...

The operation targeted barbershops in an effort to prevent criminal gangs from using cash-intensive businesses for money ...

Toronto-Dominion Bank experienced the “darkest day” in its 170-year history when it reached a $3.1 billion settlement over ...

The agency said its investigation additionally found its lax practices allowed for largely anonymous and high-risk bitcoin ...

The Bank of Lithuania contends the U.S. fintech broke anti-money-laundering rules; while British contactless payments hit a ...

Alabama lawmakers today raised doubts that a bill to create a fee that people would pay to make international cash transfers ...

The decision to stop enforcing the Corporate Transparency Act, which requires the disclosure of the beneficial ownership of ...

If FATF grey-lists PNG again, there could be benefits -- but also unintended consequences and a display of hypocrisy, say ...

For years, the US financial system has served as a major destination for dirty money, due to glaring gaps and loopholes in ...

An architectural designer pleaded guilty to money laundering after helping scammers steal $235,000 from investors. The man ...

ISLAMABAD: Pakistan's Finance Minister, Muhammad Aurangzeb, has announced the formation of a high-level delegation to engage ...