The Top 10  Most Difficult Countries for Identity Verification

The Top 10  Most Difficult Countries for Identity Verification

Download Report

    n-img-roi-cross

    Before You Go, Schedule Your Free Demo Today

    Valid Invalid number


    Note: Fields marked with an asterisk(*) are mandatory.

    n-exit-img-roi-cross

    Thank you for your demo request

    We appreciate your interest and look forward to discussing how our solution can meet your needs. Expect to hear from us shortly with scheduling details.

    Close

    us

    18.116.14.133

    AFP to Crack Down on Italian Money Laundering Syndicates Operating in Australia

    AFP to crack down

    The AFP is set to crack down on Italian organised crime and money laundering syndicates flowing billions of dollars through the Australian financial system every year. 

    Wednesday, 8 June 2022 will mark the first anniversary of Operation Ironside, which is the largest operation against organised crime in the AFP’s history.

    In Australia, 383 alleged offenders have been charged with 2340 offences. More than 6.3 tonnes of illicit drugs, 147 weapons/firearms and $55 million has been seized. Forty-two offenders charged under Operation Ironside have already pleaded guilty or have been sentenced.

    Globally, excluding Australian statistics, more than 700 alleged offenders have been charged and 65 tonnes of illicit drugs seized.

    AFP Assistant Commissioner Crime Command Nigel Ryan said the intelligence obtained through AN0M provided an invaluable insight into the scale of illicit drug imports facilitated by the ‘Ndrangheta, the profits they were making and how often they worked with outlaw motorcycle groups.

    “In collaboration with Italian authorities, the AFP has been mapping and assessing the familial relationships, through blood or marriage of the ‘Ndrangheta in Australia,’’ Assistant Commissioner Ryan said.

    “Our intelligence, new powers under the Surveillance Legislation Amendment (Identify and Disrupt) Act 2021, our world-leading capabilities and our international networks are beginning to remove the cloak of secrecy that has allowed members of the ‘Ndrangeta to operate in Australia with impunity for too many years.

    “We have about 51 Italian organised crime clans in Australia.

    “We have identified 14 confirmed ‘Ndrangheta clans across Australia, involving thousands of members.

    “Our picture of the clans is continuing to grow, but intelligence suggests their overall membership could potentially be similar to that of patched members in Australian outlaw motorcycle gangs. That shows how subterranean and significant the ‘Ndrangheta are in Australia.”

    Suggested read: Australia’s Money Laundering Failures Increase Risk of Russia Sanctions

    Related Posts

    News

    FCA Under Pressure for Compliance and Authorisation Delays

    The FCA is being approached by regulatory experts due to backlogs in the provision of regulatory ...

    FCA Under Pressure for Compliance and Authorisation Delays Explore More

    News

    Australian Senate to Examine the Scope & Impact of AML/CFT on DNFBPs

    The Australian Senate’s inquiry will be examining the impact of bringing DNFBPs under the AML/CFT...

    Australian Senate to Examine the Scope & Impact of AML/CFT on DNFBPs Explore More

    News

    Customers warned of scams by the UK banking lobby amid COVID-19

    Banking customers should be aware of fraudsters who are exploiting the COVID-19 epidemic to carry...

    Customers warned of scams by the UK banking lobby amid COVID-19 Explore More

    News

    Bank of Ghana Proposed Guidelines to Strengthen AML/CFT Regulation

    The Bank of Ghana proposed guidelines for banks to enhance the Anti-Money Laundering and Combatin...

    Bank of Ghana Proposed Guidelines to Strengthen AML/CFT Regulation Explore More

    News

    Crypto Scams Reach New Heights in 2020 With $24M Stolen So Far

    Whale Alert alleges that crypto scams are skyrocketing so far in 2020.  A report revealed,scammer...

    Crypto Scams Reach New Heights in 2020 With $24M Stolen So Far Explore More

    News

    Nigeria Employs New BOR Initiative to be Removed from FATF’s Gray List

    A Beneficial Ownership Register (BOR) has been inaugurated by the Corporate Affairs Commission (C...

    Nigeria Employs New BOR Initiative to be Removed from FATF’s Gray List Explore More

    News

    EU Limits Use of Cash and Cryptocurrency to Curb Financial Fraud

    The European Union (EU) has issued new measures to limit use of cash and cryptocurrencies to tack...

    EU Limits Use of Cash and Cryptocurrency to Curb Financial Fraud Explore More

    News

    CBUAE Revokes Dollar Exchange’s Licence over Regulatory Misconduct

    The UAE Central Bank has revoked the licence of a dollar exchange house after it failed to keep a...

    CBUAE Revokes Dollar Exchange’s Licence over  Regulatory  Misconduct Explore More

    News

    New South Wales (NSW) Government to Make Poker Machine Reforms after Victoria Introduces Strict Anti-Money Laundering Restrictions

    The New South Wales (NSW) government of Australia continues to pressure gambling companies to str...

    New South Wales (NSW) Government to Make Poker Machine Reforms after Victoria Introduces Strict Anti-Money Laundering Restrictions Explore More

    News

    Nonprofit Guam Shrine Club Under Fire for Alleged Illegal Gambling and Money Laundering

    Seven people, three GSC officers and four other individuals from Guam Shrine Club, a nonprofit or...

    Nonprofit Guam Shrine Club Under Fire for Alleged Illegal Gambling and Money Laundering Explore More

    News

    Japan’s Self-Regulatory Crypto System Gets Warned of Delays in AML Rules

    Japan’s JVCEA has been warned by the Financial Services Agency of the delays in the introduction ...

    Japan’s Self-Regulatory Crypto System Gets Warned of Delays in AML Rules Explore More

    News

    Australian Federal Police Issues Warning on Valentine’s Day Financial Scams

    Australian authorities have warned the public of new Valentine’s Day scams aimed at singles...

    Australian Federal Police Issues Warning on Valentine’s Day Financial Scams Explore More

    News

    Hong Kong Custom Busts Money Laundering Ring Accused of Smuggling HK$170M

    Investigators suspect that the criminal gang laundered part of the cash through casinos in Macau....

    Hong Kong Custom Busts Money Laundering Ring Accused of Smuggling HK$170M Explore More

    News

    U.S States Open up to the Idea of Digital IDs in Post Pandemic World

    The ID cards that were used by millions of people as proof of their identity may soon become a th...

    U.S States Open up to the Idea of Digital IDs in Post Pandemic World Explore More

    News

    Shufti is nominated for ‘Oustanding Product/ Service’

    Global business excellence awards nominated Shufti for the category of outstanding product/ s...

    Shufti is nominated for ‘Oustanding Product/ Service’ Explore More

    News

    Founders of BitMEX Penalised for Their Inefficacy in Preventing Money Laundering

    Arthur Hayes, Benjamin, Delo, and Samuel Reed – the co-founders of BitMEX charged for viola...

    Founders of BitMEX Penalised for Their Inefficacy in Preventing Money Laundering Explore More

    News

    FATF Removes Malta From gray List of Untrustworthy Financial Jurisdictions

    After one year of being included in the FATF grey list, the global action committee has voted Mal...

    FATF Removes Malta From gray List of Untrustworthy Financial Jurisdictions Explore More

    News

    Saudi’s SAMA Warns Clients of Upsurge in Financial Fraud

    SAMA urges clients to practice the highest degree of caution and prevents exposing any confidenti...

    Saudi’s SAMA Warns Clients of Upsurge in Financial Fraud Explore More

    News

    Thailand Launches Anti-Online Scam Center to Combat Cybercrimes

    The Thai Government has officially launched the Anti-Online Scam Operation Centre (AOC) as of  No...

    Thailand Launches Anti-Online Scam Center to Combat Cybercrimes Explore More

    News

    COVID-19 has Made Cybercrime More Structured

    During the COVID-19 pandemic, there has been immense growth in the opportunities for cyber-relate...

    COVID-19 has Made Cybercrime More Structured Explore More

    News

    $8.6 Million Worth of Syrian Sanctions Settled by a French Bank

    A French bank, Union de Banques Arabes et Françaises has paid the 8.6 million USD for violating o...

    $8.6 Million Worth of Syrian Sanctions Settled by a French Bank Explore More

    News

    Kansas Reports Highest Number of Identity Theft Cases in 2020

    New research conducted reveals that Kansas State has been ranked at number one for having the mos...

    Kansas Reports Highest Number of Identity Theft Cases in 2020 Explore More

    News

    Credit Suisse Held Accountable for Money Laundering in Swiss Cocaine Cash Case

    Credit Suisse was declared guilty by the Swiss Federal Criminal Court of deficient measures again...

    Credit Suisse Held Accountable for Money Laundering in Swiss Cocaine Cash Case Explore More

    News

    US Senators Urge CISA to Incorporate Rules for Ransomware Reporting

    US senators have urged the CISA to enforce new ransomware reporting rules amid a sharp increase i...

    US Senators Urge CISA to Incorporate Rules for Ransomware Reporting Explore More

    News

    FATF and EU Delist Bahamas from AML Blacklist

    European Union has finally removed Bahamas from its AML blacklist, right after FATF has delisted ...

    FATF and EU Delist Bahamas from AML Blacklist Explore More

    News

    ASIC Expands its Team to Enhance Cryptocurrency Regulations

    Australia’s financial regulator has enhanced the size of its crypto team. The crypto regula...

    ASIC Expands its Team to Enhance Cryptocurrency Regulations Explore More

    News

    FinCEN and Federal Reserve Board Reducing the Bar for International Transactions

    The FinCEN and Federal Reserve Board are planning to reduce the threshold for international trans...

    FinCEN and Federal Reserve Board Reducing the Bar for International Transactions Explore More

    News

    Saudi Arabia Takes New Measures to Tackle Financial Crime

    Saudi Authorities have approved a new legislative measure designed to enhance their efforts in fi...

    Saudi Arabia Takes New Measures to Tackle Financial Crime Explore More

    News

    Singapore Proposes Additional AML/CFT Requirements for FIs

    Monetary Authority Singapore has issued a consultation paper proposing the scope of AML/CFT to be...

    Singapore Proposes Additional AML/CFT Requirements for FIs Explore More

    News

    Amendments in Thailand’s Money Laundering Act to Include New Offenses

    A proposed amendment in Thailand’s Money Laundering Act was approved by the cabinet to include ad...

    Amendments in Thailand’s Money Laundering Act to Include New Offenses Explore More

    News

    FATF meeting scheduled to discuss VASPs compliance

    The Financial Action Task Force (FATF) has scheduled a plenary meeting on June 24 to monitor the ...

    FATF meeting scheduled to discuss VASPs compliance Explore More

    News

    EU Legislates Rigid Traceability Rules for Crypto Transfers to Fight Money Laundering

    The EU on Thursday legislates more strict traceability rules for cryptocurrencies transfer, in a ...

    EU Legislates Rigid Traceability Rules for Crypto Transfers to Fight Money Laundering Explore More

    News

    Brazil to Adopt Tougher Penalties to Curb Money Laundering via Digital Currencies

    The fine for digital currency money laundering in Brazil is set to be raised to two-thirds of the...

    Brazil to Adopt Tougher Penalties to Curb Money Laundering via Digital Currencies Explore More

    News

    BSP Seeking to Mandate e-KYC For Financial Institutions

    The draft circular suggests obligatory e-KYC processes, including identity verification and custo...

    BSP Seeking to Mandate e-KYC For Financial Institutions Explore More

    News

    BSA-AML Compliance Group Disclose Names of Annual Gaming Conference Speakers

    The BSA-AML Compliance group has revealed the names of the speakers attending the annual gaming c...

    BSA-AML Compliance Group Disclose Names of Annual Gaming Conference Speakers Explore More

    News

    World economic forum considers using blockchain to solve supply chain crisis

    The World Economic Forum (WEF) stated on Monday that blockchain and digitization can help supply ...

    World economic forum considers using blockchain to solve supply chain crisis Explore More

    News

    BSA-AML Compliance Group Disclose Names of Annual Gaming Conference Speakers

    The BSA-AML Compliance group has revealed the names of the speakers attending the annual gaming c...

    BSA-AML Compliance Group Disclose Names of Annual Gaming Conference Speakers Explore More

    News

    FCA Fines Bastion Capital For Serious AML Failings

    The Financial Conduct Authority (FCA) has imposed a fine on Bastion Capital London for serious AM...

    FCA Fines Bastion Capital For Serious AML Failings Explore More

    News

    Australian Law Council Reports Practitioners Successfully Mitigating Money Laundering Risks

    The Australian Law Council claimed they noticed in the survey that lawyers uphold rigorous regula...

    Australian Law Council Reports Practitioners Successfully Mitigating Money Laundering Risks Explore More

    News

    Global Banks Slapped with a Total of $14.21 Billion Fines in 2020

    Finbold released a report on the global banks that were fined in 2020. According to the report, a...

    Global Banks Slapped with a Total of $14.21 Billion Fines in 2020 Explore More

    News

    Singapore Police Warn Citizens of Prevailing SMS Phishing Scams

    The Singapore Police Force has warned citizens about SMS fraud targeting people with similar send...

    Singapore Police Warn Citizens of Prevailing SMS Phishing Scams Explore More

    News

    AUSTRAC Outlines Common Reporting Mistakes at Industry Outreach Event

    Australian regulator, AUSTRAC, highlighted important reporting errors in AML/CFT programmes of re...

    AUSTRAC Outlines Common Reporting Mistakes at Industry Outreach Event Explore More

    News

    Ireland embraces the EU’s Anti-Money Laundering (AML) directive

    EU’s anti-money laundering directive has been actively embraced by countries all across the globe...

    Ireland embraces the EU’s Anti-Money Laundering (AML) directive Explore More

    News

    Money Laundering Becomes Another Cause of Poverty, Says UN

    According to the latest UN’s report, over 10% of the world’s wealth could be hidden in overseas b...

    Money Laundering Becomes Another Cause of Poverty, Says UN Explore More

    News

    Clearview AI will be facing the legal claims after critical NYT report

    Clearview AI is an artificial intelligence firm providing facial recognition technology to US law...

    Clearview AI will be facing the legal claims after critical NYT report Explore More

    News

    Danske Bank Expecting Huge Profit Rebound as Money Laundering Case Ends

    Danske Bank expects a massive rebound in earnings this year, 2023, after the closure of the money...

    Danske Bank Expecting Huge Profit Rebound as Money Laundering Case Ends Explore More

    News

    Norway’s DNB is Facing a Possible Fine of $45M for Poor AML Compliance

    Norway’s leading bank, DNB ASA, faces the possibility of a $45 million penalty for its inadequate...

    Norway’s DNB is Facing a Possible Fine of $45M for Poor AML Compliance Explore More

    News

    Consumers Lost €15.6M to Impersonation, Investment, and Romance Scams

    Approximately 70% of Irish consumers have been targeted by some form of identity scam, according ...

    Consumers Lost €15.6M to Impersonation, Investment, and Romance Scams Explore More

    News

    Tesla Data Breach Leaks Personal Information of 75,000 Customers

    Confidential data of approximately 75,735 people, including names, cell phone numbers, and addres...

    Tesla Data Breach Leaks Personal Information of 75,000 Customers Explore More

    News

    FinCEN Highlights That AML/CFT Regulation Requires Transformation to Fight Modern Crimes

    The acting director of FinCEN has highlighted the fact that the existing AML/CFT regulatory frame...

    FinCEN Highlights That AML/CFT Regulation Requires Transformation to Fight Modern Crimes Explore More

    News

    Singapore Proposes Additional AML/CFT Requirements for FIs

    Monetary Authority Singapore has issued a consultation paper proposing the scope of AML/CFT to be...

    Singapore Proposes Additional AML/CFT Requirements for FIs Explore More

    News

    Shufti Relocates its London Office to Facilitate the Company Growth

    March 2021, Shufti is pleased to announce the relocation of its London office to a larger and...

    Shufti Relocates its London Office to Facilitate the Company Growth Explore More

    News

    Hackers Leak Stolen Patient Data After Ransomware Attack on Medibank

    Medibank has warned its customers to be extra cautious after hackers started disclosing private m...

    Hackers Leak Stolen Patient Data After Ransomware Attack on Medibank Explore More

    News

    The UK Introduces Beneficial Ownership Register for Overseas Entities

    The implementation of the UK government’s Economic Crime (Transparency and Enforcement) Bill has ...

    The UK Introduces Beneficial Ownership Register for Overseas Entities Explore More

    News

    China Makes Facial Recognition Mandatory For Smartphone Users

    China is making it mandatory for all smartphone users who register new SIM cards to submit to fac...

    China Makes Facial Recognition Mandatory For Smartphone Users Explore More

    News

    Uber joins lawsuits to exempt itself from California law

    California law effective from today, i.e. Jan 1 is all set to give equal protection to independen...

    Uber joins lawsuits to exempt itself from California law Explore More

    News

    Victor Fredung Warns Businesses about the Rising Cybercrimes During Halloween

    Halloween is one of the most awaited festivals throughout the year. While people plan different t...

    Victor Fredung Warns Businesses about the Rising Cybercrimes During Halloween Explore More

    News

    Over Dh3 billion Confiscated from Firms violating AML Laws in UAE

    The UAE has plans to take a strict stance on firms operating in the region over money laundering ...

    Over Dh3 billion Confiscated from Firms violating AML Laws in UAE Explore More

    News

    AUD 10 Billion Money Laundering Ring Caught in Australia, Further Highlighting the Country’s AML Failures

    AUD 10 billion ($6.5 billion) in global money laundering was allegedly uncovered in Sydney by the...

    AUD 10 Billion Money Laundering Ring Caught in Australia, Further Highlighting the Country’s AML Failures Explore More

    News

    Japan FSA, Central Bank to Assess FI’s AML, Anti-fraud Measures

    Reports have revealed that Japan’s FSA and BOJ are seeking to better understand whether the curre...

    Japan FSA, Central Bank to Assess FI’s AML, Anti-fraud Measures Explore More

    News

    UAE Central Bank to Take Action Against Unregistered Hawala Operators

    From 2nd December 2020, the Central Bank in UAE will begin taking action against the unregistered...

    UAE Central Bank to Take Action Against Unregistered Hawala Operators Explore More

    News

    After Targeting 30 People, the “Major Identity Theft Player” Got Arrested by MPD

    Roseanna Russell, who the police call ‘mega player’, got caught by the Mobile police. The reports...

    After Targeting 30 People, the “Major Identity Theft Player” Got Arrested by MPD Explore More

    News

    UAE Central Bank Issues New AML/CFT Guidelines for Licensed Financial Institutions

    CBUAE (Central Bank of UAE) has administered new AML/CFT guidance for Licensed Financial Institut...

    UAE Central Bank Issues New AML/CFT Guidelines for Licensed Financial Institutions Explore More

    News

    Lloyds Bank of UK Issues Warning Over Increasing Threat of Crypto Scams

    Lloyds Bank revealed a rise in cryptocurrency investment scams and reported a 23% increase compar...

    Lloyds Bank of UK Issues Warning Over Increasing Threat of Crypto Scams Explore More

    News

    President Biden Takes the Reins with Halting Digital Assets’ Rule Making

    Regulatory proposal regarding digital assets has been frozen by President Joe Biden. Biden took h...

    President Biden Takes the Reins with Halting Digital Assets’ Rule Making Explore More

    News

    Philippines AMLC Releases New Study for Suspicious Transactions Linked to Casino Junkets

    The Philippines AMLC has officially published the latest study on suspicious transactions linked ...

    Philippines AMLC Releases New Study for Suspicious Transactions Linked to Casino Junkets Explore More

    News

    US Senator Warns ‘a Run on Crypto’ May Need Federal Bailout

    Elizabeth Warren, US Senator and a longtime bitcoin skeptic has shared her views about the upside...

    US Senator Warns ‘a Run on Crypto’ May Need Federal Bailout Explore More

    News

    Uganda Remains Greylisted by FATF for Money Laundering

    There will be no change to Uganda’s status on the “grey list” due to the countr...

    Uganda Remains Greylisted by FATF for Money Laundering Explore More

    News

    ACRA Cancels Registration of Company for AML/CFT Failures

    The Accounting and Corporate Regulatory Authority (ACRA) has revoked the registration of a compan...

    ACRA Cancels Registration of Company for AML/CFT Failures Explore More

    News

    FATF encourages Digital ID during Coronavirus epidemic

    The Financial Action Task Force (FAFT) is advocating the use of digital identity technology to se...

    FATF encourages Digital ID during Coronavirus epidemic Explore More

    News

    BNM Issues New Policy For Remote Corporate Customer Onboarding

    BNM has issued a new policy document that permits MSBs to onboard customers remotely in the corpo...

    BNM Issues New Policy For Remote Corporate Customer Onboarding Explore More

    News

    Two More Crypto Firms to Shut Down Over EU Money Laundering Regulations

    Two more cryptocurrency firms – mining pool Simplecoin and bitcoin gaming platform Chopcoin...

    Two More Crypto Firms to Shut Down Over EU Money Laundering Regulations Explore More

    Take the next steps to better security.

    Contact us

    Get in touch with our experts. We'll help you find the perfect solution for your compliance and security needs.

    Contact us

    Request demo

    Get free access to our platform and try our products today.

    Get started