Hosted on MSN

GIABA flags trade-based money laundering as rising threat

Trade-based money laundering has emerged as the new front in West Africa’s fight against illicit finance, as regulators warn that criminal networks are exploiting trade and banking systems to move ...
JD Supra

HMRC releases handbook to tackle trade-based money laundering

HM Revenue & Customs (HMRC) has released a comprehensive handbook to add to its resources, aimed at identifying and tackling trade-based money laundering (TBML). The guide provides an accessible ...
The Hill

Tariffs are a money launderer’s best friend

U.S. trade policy is now synonymous with tariff policy. President Trump’s latest round of higher taxes on imports went into effect on Aug. 7, and the 40 countries with which the U.S. runs a trade ...
Washington Times

Treasury identifies hundreds of billions in likely Chinese money-laundering

Chinese nationals engaged in extensive money-laundering operations in the U.S., moving a suspected $312 billion in illicit cash over the past five years, the Treasury Department revealed Thursday. The ...
JD Supra

Improving the Effectiveness of the UK Money Laundering Regulations – What Do the Proposed Amendments Mean for Fintech Firms?

On 17 July 2025, HM Treasury published its response to its 2024 consultation on the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLRs). HMRC ...
Long War Journal

Analysis: Hezbollah continues exploiting Canadian vehicular theft and money-laundering schemes

Last week, the Canadian government issued its 2025 report assessing money laundering and terrorist financing risks in Canada. The report noted that Hezbollah was using both illicit and otherwise legal ...