-
Apr 3, 2024 | 
thedmonline.com | Fred Williams |Justice Rose
Reading Time: 3 mins read March Madness has been even more exciting than we typically ask for as fans, despite the Ole Miss Men’s Basketball team’s inability to seed in the tournament and the Lady Rebels’ early exit. While the upsets may not be as severe as the spectacles we witnessed last year, underdogs and medium seeds have progressed much further than anticipated.
-
Apr 3, 2024 | 
newsbreak.com | Fred Williams
Welcome to NewsBreak, an open platform where diverse perspectives converge. Most of our content comes from established publications and journalists, as well as from our extensive network of tens of thousands of creators who contribute to our platform. We empower individuals to share insightful viewpoints through short posts and comments.
-
Nov 21, 2023 | 
moneylaundering.com | Fred Williams
FinCEN’s Anti-‘Mixing’ Proposal Faces New, Powerful Opponent: Artificial Intelligence On Nov. 13, Stewart Wall, a commercial pilot in Utah, opined on a U.S. bureau's unprecedented plan to target not an entity, but an entire class of transactions, by designating any and all acts of "mixing" cryptocurrency as a "primary money laundering concern" under the Patriot Act.
-
Nov 20, 2023 | 
moneylaundering.com | Fred Williams
Speakers gathering for The Assembly Canada had plenty to talk about as they headed to the two-day annual conference in Toronto hosted by ACAMS, with a national beneficial ownership registry in the works and a new financial crime agency on the drawing board. When they arrived, they got even more to discuss.
-
Nov 16, 2023 | 
moneylaundering.com | Fred Williams
Canadian FIU Wants ‘Real-time’ Flagging of High-Priority Illicit Payments Canadian financial institutions must begin reporting terrorist financing-linked payments and other high-priority suspicious transactions closer to "real time," the head of the Financial Transactions and Reports Analysis Centre of Canada, or Fintrac, said Thursday.
-
Nov 15, 2023 | 
moneylaundering.com | Fred Williams
Pending US Supreme Court Ruling Will Impact Banks, Asset Forfeitures In February 2019, police in Satsuma, Alabama, a city of 7,000 residents 20 minutes up the road from Mobile, seized a 2015 Nissan Altima owned by Georgia resident Halima Culley after they arrested her college-student son for marijuana possession. Twenty months elapsed before police returned the car to Culley after a state judge determined she was uninvolved in the crime. On Oct.
-
Oct 26, 2023 | 
moneylaundering.com | Fred Williams
Canada Plugs Some AML Gaps, Sets Sights on Others Canada's imposition of anti-money laundering rules on new sectors of the economy and tougher vetting procedures for correspondent clients will reinforce the country's framework against illicit in advance of broader, more ambitious reforms, analysts told ACAMS moneylaundering.com. On Oct.
-
Oct 19, 2023 | 
moneylaundering.com | Fred Williams
Citing North Korea and Hamas, US Officials Act Against Cryptocurrency Mixing Exchanges and other institutions that directly handle payments to and from cryptocurrency mixers would have to record and submit the names, email addresses and other details of the underlying parties to the U.S. financial intelligence unit under a plan pitched Thursday.
-
Oct 17, 2023 | 
moneylaundering.com | Fred Williams
Child Labor Surge Catches US Banks Off Guard Surging migration and falling state-level oversight is driving minors into hazardous, legally restricted jobs in the United States, where, according to analysts, most financial institutions lack controls to identify and act against the parties who employ them.
-
Oct 13, 2023 | 
moneylaundering.com | Chelsea Carrick |Fred Williams
Russian Oil ‘Shadow Trade’ Could Fuel De-Risking, Officials Warn By Chelsea Carrick and Fred Williams Western governments warned in an advisory Thursday that the growing "shadow trade" of Russian crude oil at sanctions-prohibited prices could lead to widespread de-risking of the global maritime industry, which would then struggle to find "reputable" sources of financing.
