Financial Crime Weekly Episode 38

Hello, and welcome to this week in financial crime. I’m your host, Chris Kirkbride. It has, as I would expect in those countries that observe Christmas, been a quiet period in the run-up to the holidays. So, I’ve gone back a week to cover something which I dropped last week, to go alongside the usual mix of money laundering, fraud and sanctions. As usual, the links, where available, to key stories are in the podcast description. Let’s crack on with it.

These are the links to the principal documents mentioned in the podcast:

European Commission, Anti-money laundering: the Commission updates its list of high-risk third-country jurisdictions to strengthen the international fight against financial crime (news article).

European Commission, COMMISSION DELEGATED REGULATION (EU) /... amending Delegated Regulation (EU) 2016/1675 as regards adding Democratic Republic of the Congo, Gibraltar, Mozambique, Tanzania and United Arab Emirates to the table I of the Annex to Delegated Regulation (EU) 2016/1675 and deleting Nicaragua, Pakistan and Zimbabwe from that table.

National Crime Agency, SARs in Action.

National Crime Agency, Vulnerablity and/or Welfare Concerns for Individuals.

UK government, Updated sanctions guidance.

UK government, Anti-money laundering and countering the financing of terrorism: Supervision Report 2020-22.

US Department of Justice, Felon Pleads Guilty to PPP Loan Fraud, Money Laundering and Drug Offenses.

US Department of Justice, Ian Freeman Convicted On All Counts Relating To Bitcoin Money Laundering Scheme.

US Department of the Treasury Office of Foreign Assets Control, 18 individuals and entities added to Specially Designated Nationals and Blocked Persons List.

US State Department, The United States Imposes Sanctions on Russian Naval Entities.