Placement is the first stage of the three stages of money laundering. At this stage, criminals attempt to enter the ‘dirty’ money into the financial system. This process can be dangerous because large ...

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 ...

Two summers ago, Alida, a retiree from Western Maryland, was buying groceries when her card was declined. On the phone, a bank official explained that $10,000 had suspiciously been deposited into her ...

Designed for busy in-house counsel and compliance professionals, this newsletter summarizes some of the most important domestic and international Anti-Money Laundering (AML) regulatory and enforcement ...

Europe has big plans to combat money laundering, but its history of tackling the illicit flow of dirty cash through its financial system is decidedly checkered. Estimates vary wildly about how much ...

Money laundering is draining economies worldwide, with an estimated $5.5tn lost each year across global markets. This equates to 5% of global GDP laundered globally each year as financial crime ...