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Financial Crime News Briefs

Snapshots of money laundering, insider trading, financial fraud, sanctions evasion, regulations, and AI technology developments for educational purposes only.

Day: December 16, 2022

Written by FinCrimeDecember 16, 2022

Treasury Proposal Lays Out Who Would Have Access to New Ownership Database

Reported by: Dylan Tokar The U.S. Treasury Department has proposed giving both banks and law-enforcement officials varying degrees of access to a sprawling new database of corporate-ownership information as part of an effort to stop criminals and terrorists from using anonymous shell companies to hide dirty money. The proposal, issued by the Treasury’s Financial Crimes […]

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