November 20 - In order to protect the international financial system from money laundering and terrorist financing risks, the Financial Action Task Force (FATF) issued two statements on October 19, 2018. In its October 19, 2018 Public Statement, FATF remained concerned by the Democratic People’s Republic of Korea’s (DPRK) failure to address the significant deficiencies in its anti-money laundering and combatting the financing of terrorism (AML/CFT) regime and the serious threat this poses to the integrity of the international financial system. Further, FATF has serious concerns with the threat posed by the DPRK’s illicit activities related to the proliferation of weapons of mass destruction (WMDs) and its financing.

November 19 - SINGAPORE - Harsher penalties and increased enforcement powers are in place under new laws passed on Monday (Nov 19) to tackle terrorism financing and money laundering. Individuals who have a high level of culpability in not reporting terrorism financing offences could face a maximum fine of $250,000, up from the current $50,000, while the maximum jail term remains at five years.

November 18 - If you’ve got inside information about dirty money flowing into real estate, luxury cars, horse racing or the construction industry, government officials in British Columbia want to hear about it. The B.C. government has launched an anonymous tip portal as it gears up for the next phase of its investigation into money laundering in the province.

November 18 - The Canadian House Finance Committee has recommended that the government start regulating cryptocurrencies to prevent money laundering, Canadian digital newspaper iPolitics reports Nov. 14. According to iPolitics, the Canadian House Finance Committee suggested that cryptocurrencies should be regulated during its review of the Proceeds of Crime Money Laundering and Terrorist Financing Act (PCMLTFA), which occurs once every five year.

November 18 - Increasing numbers of banks in Japan are turning away customers who want to send cash overseas. It's part of a drive to combat money laundering that could be used to fund terrorism. The government-backed Shoko Chukin Bank last week stopped accepting overseas remittances of cash, whether over the counter or via new deposits.

November 16 - Olivet University and several of its top executives have been indicted in a $35 million money-laundering scheme, according to the Manhattan District Attorney's Office. Olivet, a San Francisco Bay Area evangelical college, owns the former Harlem Valley Psychiatric Center in Dover.

November 15 - Danske Bank’s 200 billion euro ($225 billion) money laundering scandal might be the “tip of the iceberg” and investigators should examine whether major Western banks played a role, a lawyer for the whistleblower said. Stephen Kohn, a partner at U.S. law firm Kohn, Kohn and Colapinto who is representing Danske whistleblower Howard Wilkinson, told Reuters that Danske may be only a bit player in a scheme to move wealth from countries like Russia to the West.