Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the rank-math domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/wp-includes/functions.php on line 6121
Newsletter 3rd Edition September 2022 88 | i-AML Israel Anti-Money Laundering

Newsletter

September 3rd Edition 2022

Featured Articles

i-AML Money Laundering Through the Gambling Industry

Basel Report: Money Laundering Through the Gambling Industry

The gambling industry is perfect for laundering criminal funds. It includes a wide variety of businesses that juggle large transactions (often in cash) at a rapid scale, such as physical casinos, online casinos, bars and clubs housing poker machines, and both physical and online sports betting services. Moreover, it’s a big industry that’s growing exponentially. In 2021, the global gambling industry generated record-breaking revenues, hitting USD 261 billion in the US and EUR 87.2 billion in Europe. The fact that criminals

September 11, 2022

i-AML Nigeria Illegal Shipment to Hong Kong Containing 7,000 Donkey Penises Seizedn

Nigeria: Illegal Shipment to Hong Kong Containing 7,000 Donkey Penises Seized

A shipment of 7,000 donkey penises, which were to be smuggled to Hong Kong, was seized last week at the Lagos Airport after a suspicious smell attracted the attention of export officers – the Nigeria Customs Service reported. Surging demand for donkey parts, popular in traditional Chinese medicine, has put

September 15, 2022

i-AML Doha Conference Transcript on AML Risk and Opportunities Initiatives

Doha Conference Transcript on AML Risk and Opportunities Initiatives

Here’s a transcript of Neil’s recent talk at the Effective Financial Crime & Compliance Conference in Doha, Qatar. Money laundering is just over 30 years old. Much has changed in those 30 years but however – much stays the same. Whilst the world has moved to implement anti-money laundering standards,

September 13, 2022

i-AML Urgent Call for an Harmonized European Regulatory Compliance Against Financial Crimes n

Urgent Call for an Harmonized European Regulatory Compliance Against Financial Crimes

The European Single Rulebook has made compliance officers’ role more demanding. The complexity of today’s EU financial and anti-financial crime regulation has reinforced the need

September 14, 2022

i-AML US Treasury Department Sued by Blacklisted Crypto Platform Investors

US Treasury Department Sued by Blacklisted Crypto Platform Investors

Tornado Cash was banned last month to prevent hacking, money-laundering and other cryptocurrency crimes. A cryptocurrency “mixer” like Tornado Cash combines streams of funds to

September 11, 2022

Spain: Police Dismantle Europe’s Largest Money Laundering Gang

Spanish police arrested one of Europe’s biggest money launderers linked to an Irish criminal clan and dismantled the Spanish branch of his international network that

September 19, 2022

i-AML Israel 2021 Money Laundering Annual Report Indicating International crimes Increase

Israel: 2021 Money Laundering Annual Report Indicating International crimes Increase

The Authority for the Prohibition of Money Laundering and Terrorist Financing publishes the annual report for 2021, which shows that fraud, and forgery are still

September 14, 2022

i-AML US Treasury Extend Sanctions to Facilitators of Russia’s War on Ukraine

US Treasury Extend Sanctions to Facilitators of Russia’s War on Ukraine

Today, as part of its continued response to Russia’s horrific war of aggression against Ukraine, the U.S. Department of the Treasury’s Office of Foreign Assets

September 17, 2022

Sponsored by

i-HLS - Israeli Homeland Security