FinCEN issues specific instructions to banks in response to upward trend in environmental crimes
Financial institutions in the US have been given specific suspicious activity report (SAR) filing instructions in a new notice issued by the US treasury’s Financial Crimes Enforcement Network (FinCEN) to pay more attention to an upward trend in environmental crimes and associated illicit financial activity….
Pole Star and Vasanda join forces to offer commodity trade risk screening
Pole Star, which is best known for its maritime sector vessel-tracking, sanctions screening and regulatory technology, has acquired a controlling stake in London-based start-up Vasanda to strengthen its screening offering in the global commodities trade. The acquisition aims to provide banks and organisations engaged in…
