Day: April 10, 2023

Written by FinCrime

FinCEN Analyzes BEC Trends in the Real Estate Sector

Reported by Kaley Schafer of Ballard Spahr LLP On March 30, 3023, the Financial Crimes Enforcement Network (FinCEN) issued a Financial Trend Analysis focusing on business email compromise (BEC) trends and patterns in the real estate sector (referred to as “RE BEC”). The report is required under Section 6206 of the Anti-Money Laundering Act of 2020 (AMLA). This section […]

Written by FinCrime

Swiss pharma exports to Russia soar despite sanctions

Reported by EURACTIV.com with AFP File photo. External view of the offices of Swiss medicine maker Novartis in Athens, Greece, 4 January 2017. [Alexandros Vlachos/EPA] Switzerland has matched the 10 rounds of ever-tightening sanctions imposed by the European Union since the Russian invasion of Ukraine in February 2022. Though Swiss trade with Russia has come […]