The US State Department still considers Macau a potential site for money laundering and terrorist financing activities. But also the US State Department acknowledges the efforts made since the enactment of the law to fight money laundering.

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Iran Sanctions Update 2010 around the world has confirmed the sanctions imposed previously. US, UN, EU and UK, all of them have corroborated their norms about relationships with Iran. Some of them remain the same some other has changed.

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There is still work to do in Ghana about money laundering prevention and control. So far until the country does not fix its deficiencies it will not be ready to truly combat money laundering and terrorism financing.

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Investment fraud is as old as the world itself from the day we stopped trade in livestock and produce. It is although an old problem that targets individuals with convincing arguments to make them part with their savings.

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While the banking industry has made clear its willingness to cooperate in the fight against the financial underpinnings of terrorism, experts outside the industry are skeptical about the effectiveness of existing anti-money laundering rules

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Security would be easy if it wasn’t for all the changes, as any IT manager will tell you. But with security, every network extension, every opening or closing of a new office, every merger or acquisition, weakens your security stance and exposes your company to risk.

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The natural consequence of a successful enforcement action can include, among other things, a monetary penalty. In the United States, this means either a civil money penalty levied by a regulator, or a fine or forfeiture imposed in the case of a criminal prosecution, or both.

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Under pressure to keep up with the pace of regulatory change, US financial institutions have no chance to rest. The Patriot Act kept them busy during 2002. Now other requirements are on the horizon too. Banks need to "know their customers". They face stricter requirements in terms of identifying the owners, originators and beneficiaries of transactions.

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Singapore promotes itself as a model of financial integrity. But, officials in Jakarta say, the wealthy city-state is a haven for some of the most corrupt Indonesians and their ill-gotten gains.

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The Serious Organised Crime Agency (Soca) has established that the 500 euro note is at the heart of money laundering. The reason is simple: it's easier to shift. A decade on, the 500 euro bill has taken centre stage, and so it is out of circulation.

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