Lack of examination of the source of funds meant risk indicators were not identified and reported ... The client was convicted of fraud and money laundering offences. The solicitor was later referred ...

Luxembourg's crypto sector are now governed under MiCA rules Europol is facing challenges in crypto fraud probes The authorities have identified a rise in investment scams ...

(Bloomberg) -- A proposed 3.5% tax on remittance transfers should be killed because it invades consumer privacy and would encourage the use of unregulated money-movement services, payments ...

The latest national risk assessment of money laundering was drawn up based on data from 2020 to 2023, and published by the ministry on Monday. The largest risk is posed by the “magnitude, cross-border ...

Anthropic on Thursday said it activated a tighter artificial intelligence control for Claude Opus 4, its latest AI model. The new AI Safety Level 3 (ASL-3) controls are to "limit the risk of ...

German money laundering charges against hedge fund founder Sanjay Shah in a €330 million ($374 million) case were dropped after his conviction in a similar Danish prosecution. A Hamburg court ...

but optimal strategies for risk assessment need to be refined. Absolute risk assessment with the goal to match type and intensity of interventions with predicted risk and expected treatment benefit ...