April 20 - Ever since Emperor Vespasian held up a gold coin that came from taxing urine and pointed out that it smelt just as clean as others, the separation of money from its origin has been on regulators’ minds. The accelerating flows of digital money around the world, as well as the rising threat of terror attacks and powerful crime cartels, have given the dialogue an added urgency and resulted in a flurry of rules and guidelines from national governments and supra-national organizations.

April 18 - The Chief Executive Officer of the BC Lottery Corporation says casinos are constantly working to improve their anti-money laundering efforts. Jim Lightbody was in Kamloops Wednesday evening (April 17) to give a keynote speech at the Kamloops Central Business Improvement Association's Annual General Meeting.

April 18 - A recent report from the Manhattan District Attorney’s Office has detailed three men have been found to be laundering $2.3 million in cryptocurrency. The suspects were using debit cards pre-loaded with Bitcoin and withdrawing large sums of cash at ATMs in New York and New Jersey. The men were also charged with operations of bogus storefronts on the dark web that sold illegal drugs, according to the DA’s Office statement. Chester Anderson, Jarrett Codd, and Ronald MacCarty all names for money-laundering and criminal drug sales were indicted with multiple felonies.

April 18 - Shares in Deutsche Bank slipped nearly 2% on Thursday morning following reports the German bank could face legal action over a $20 billion Russian money-laundering scheme. The Guardian, on Wednesday, published a confidential internal report in which the bank admits fears over “significant disciplinary action” from U.S. and U.K. regulators, conceding that the scandal had hurt its “global brand” and was likely to cause “client attrition” and a decline in market value.

April 15 - Danish operations of Ernst & Young (EY) and KPMG are now under investigation by Danish police related to money laundering cases. According to Bloomberg, EY is accused of failing to notify authorities when it discovered red flags related to the Danske Bank money laundering case. Danske, Denmark’s biggest bank, has been under investigation for its role in a $230 billion money laundering scandal centered on its Estonian branch. In February, Danske was ordered by Estonia to close that branch, and has been given only a few months to do so.

April 15 - Cash-less transactions, mandatory education and better information-sharing among governments are some of the recommendations to fight money laundering proposed Monday by B.C.’s real estate sector. Five agencies that represent real estate agents, appraisers, notaries and mortgage brokers issued an open submission to the B.C. and federal governments that called for greater action on combating money laundering.

April 12 - Today, Ministers agreed an open-ended Mandate for the FATF and its role leading global action to counter money laundering, terrorist financing and the financing of proliferation of weapons of mass destruction. The adoption of an open-ended mandate, on the 30th anniversary of the FATF, reflects the fact that these threats are enduring concerns for the integrity of the financial system, and that a sustained political commitment to fight money laundering, terrorist financing, and proliferation financing is required.