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ING Reaches $900 Million Settlement for AML Violations

An Amsterdam-based bank, ING Group NV, became involved in a U.S. Securities and Exchange Commission (SEC) investigation for having shortcomings in the execution of preventative measures against financial crimes.  This includes requirements for client on-boarding, anti-money laundering (AML) regulations, and… Read more >

A Loophole for Money Launderers: Real Estate

Real estate is often used to aid money launderers in the Integration stage of a money laundering scheme.  Criminals are able to invest their illicit gains into property, which provides stability in prices that usually appreciate over time and functionality… Read more >