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FATF Concludes Fourth Plenary on Money Laundering and Terrorist Financing Risks

FATF Issues White Paper Addressing Challenges Facing Beneficial Ownership Collection - First Post in a Series on the FATF Plenary Outcomes - The Financial Action Task Force (“FATF”) held its fourth Plenary, virtually,...more

DOJ and Multi-Agency Task Force Charge International Money Laundering, Drug Trafficking, and Illegal Wildlife Trade Scheme

“Front” Seafood Businesses Allegedly Hid the Proceeds From Smuggled Shark Fins and Marijuana Distribution - Last week, the U.S. Attorney’s Office for the Southern District of Georgia unsealed an indictment returned in July,...more

28 North Korean and 5 Chinese Bankers Accused of a $2.5 Billion Laundering Scheme

Indictment Again Highlights the Role of Correspondent Banking in Money Laundering - On May 28, 2020, the U.S. Department of Justice (“DOJ”) unsealed a 50-page indictment against 28 North Korean and 5 Chinese bankers...more

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