Fidelity National Financial sues over real estate reporting rules
FNF's lawsuit challenges new AML regulations for real estate, arguing they are overly burdensome and infringe on privacy rights without aiding in money laundering detection.
United States pressures Mexican banks to curb cartel money laundering
Emilio Romano, the new president of the Mexican Banking Association (ABM), stated after the meeting that Mexican banks are ready to cooperate with the White House.
Trump Administration Moves to Gut Anti-Money Laundering Law
The Trump administration will stop enforcing beneficial ownership reporting requirements, raising concerns about increased corruption and lack of transparency in corporate finances.
Greece accuses 2 Catholic Church priests of nightclub money laundering
Greek prosecutors are investigating seven people for alleged embezzlement of €3 million from the Catholic Church, being used to fund investments in nightclubs.