04/07/2007
The Institute of International Finance and AML-CFT
The Institute of International Finance, Inc. (IIF), is the world's only global association of financial institutions. Created in 1983 in response to the international debt crisis, the IIF has evolved to meet the changing needs of the financial community.
The Institute of International Finance is committed to being the most influential global association of financial institutions. It has recently requested to be associated to the IMF works about the financial sector
When one looks on the website the keyword "AML", we have 0 results found for "AML"
When one looks on the website the keyword "laundering", we have 4 results found for "AML" (actually 3)
The topic may not be a concern despite a recent report.
Know more about the IIF
See press release "Financial Market Innovations Call for Intensified Cooperation Between Officials and Leaders of Private Finance "Know more See press release about their AML-CFT program
07:18 | Permalink | Comments (0)
04/06/2007
Is the European commission actually willing to support the FIUs?
FIU.NET is a decentralised computer network designed to connect (EU) Financial Intelligence Units (FIUs) using modern technology and computers to (bilaterally) share financial intelligence information. FIU.NET encourages co-operation, and enables FIUs to exchange financial intelligence quickly, securely, and effectively. The main purpose of this increased co-operation is to enhance the fight against organised crime and the misuse of the financial system for the purpose of money laundering and terrorism financing.
Currently the body is paralysed as it is waiting for clarity about the future funding by the European Commission.
Know more
18:35 Posted in General | Permalink | Comments (0)
04/04/2007
Recent cases of money laudering judged
Since the begining of the year, several cases of money laundering were in the media in Malta and the justice is doing its job.
See recent articles from The Malta Independant:
Another Panamanian national was charged yesterday with money laundering involving a sum of about Lm10,000. (31/03/07)
Court: First case of money laundering in the Criminal Court: Woman jailed for six years (30/03/07)
Court: Foreigner charged with money laundering (29/03/07)
Four face £1.4m in money-laundering charges (20/01/07)
Court: Criminal Court imposes stiffer bail conditions (05/01/07)
20:13 Posted in Malta | Permalink | Comments (0)