Singapore has a strong AML system in place, but there is room for improvement, according to new findings.
The risk of corruption is on the rise in the UK, according to the executive director of Transparency International.
Corporate customers increasingly expect banks to digitise certain support processes, according to Capgemini.
Hong Kong's Securities and Futures Commission is investigating a number of cases related to inadequate AML controls.
A consultation has been opened on the transposition of the fourth EU money laundering directive into UK law.
Authorities including Interpol are taking part in a new initiative to clamp down on money laundering using digital currencies.
Members of company boards could face prosecution if they fail to prevent members of staff from committing financial crime.
The recent G20 summit in China ended with some positive steps on anti-corruption.
The Monetary Authority of Singapore has proposed regulatory changes that could boost anti-money laundering standards in the payments industry.
The US Treasury has released a fact sheet outlining supervisory processes, sanctions and other details regarding anti-money laundering efforts in correspondent banking.