FinCEN analysis of Russian oligarchs’ funds flows highlights value of data from financial institutions

Russian oligarchs are increasingly purchasing high-value goods or property as they reroute their finances in response to their country’s invasion of Ukraine and the subsequent slew of international sanctions imposed on them, according to new analysis from the US treasury department’s Financial Crimes Enforcement Network…

Austrac publishes prevention of TBML guidance targeted at trade finance providers

Australia’s government agency for detecting, deterring and disrupting financial crime has published guidance providing indicators and behaviours to help financial service providers –  particularly those engaged in trade financing – to detect and report suspicious financial activity. The guidance by the Australian Transaction Reports and Analysis…