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

    216.73.216.28

    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

    Europol and EU Member States Launch Operation Targeting Assets of Sanctioned Entities

    Europol and EU member states along with Eurojust and Frontex have launched Operation Oscar to ass...

    Europol and EU Member States Launch Operation Targeting Assets of Sanctioned Entities Explore More

    News

    Sri Lankan Regulatory Authorities Enforce AML/CFT Measures to Avoid FATF Grey and Black List

    The Financial Action Task Force (FATF) started cracking down on Sri Lanka’s financial institutes ...

    Sri Lankan Regulatory Authorities Enforce AML/CFT Measures to Avoid FATF Grey and Black List Explore More

    News

    7 UAE Law Firms Penalized in Anti-money Laundering Violations

    Around 100,000 dirhams have been fined to 7 law firms in UAE for disregarding anti-money launderi...

    7 UAE Law Firms Penalized in Anti-money Laundering Violations Explore More

    News

    Fraudulent crypto exchange shut down by UK High Court

    The UK High Court has designated the Official Receiver as liquidator of GPay Ltd, the cryptocurre...

    Fraudulent crypto exchange shut down by UK High Court Explore More

    News

    Scammers Set to Defraud this Holiday Season, FBI Warns!

    This holiday season, New Mexican shoppers are at risk of facing scammers. Criminals are all set t...

    Scammers Set to Defraud this Holiday Season, FBI Warns! Explore More

    News

    IMF Seeks Tighter Checks on Kenyan Banks Amid Money Laundering Concerns

    The International Monetary Fund (IMF) is tightening the checks to prevent money laundering and wa...

    IMF Seeks Tighter Checks on Kenyan Banks Amid Money Laundering Concerns Explore More

    News

    SARB Issues Guidance to Discourage the Termination of Crypto Transactions in Banks

    The South Africa Reserve Bank (SARB)’s Prudential Authority has issued a guidance note to banks f...

    SARB Issues Guidance to Discourage the Termination of Crypto Transactions in Banks Explore More

    News

    Largest Banking Cooperation in Columbia Busted for Violating Anti-money Laundering Regulations

    Banco de Occidente, Columbia’s largest banking cooperation Grupo Aval owned by one of the richest...

    Largest  Banking Cooperation in Columbia Busted for Violating Anti-money Laundering Regulations Explore More

    News

    UAE Issues a Total of $11 Million in Fines for AML Offenses in First Half of 2022

    UAE’s AML task force has imposed fines of over Dh41 million ($11m) in the first six months of 202...

    UAE Issues a Total of $11 Million in Fines for AML Offenses in First Half of 2022 Explore More

    News

    Transnational Organised Crime at Peak in Latin America through Cryptocurrencies

    Transnational criminal organisations that have moved billions of dollars across Latin America are...

    Transnational Organised Crime at Peak in Latin America through Cryptocurrencies Explore More

    News

    Money Laundering Proceedings Against Pilatus Set Back Indefinitely

    Money laundering proceedings against Pilatus Bank and its former top officials will likely be set...

    Money Laundering Proceedings Against Pilatus Set Back Indefinitely Explore More

    News

    People’s Bank of China to Monitor Metaverse and NFTs

    The Chinese financial watchdogs are all set to expand cryptocurrency crackdown as Gou Wenjun sugg...

    People’s Bank of China to Monitor Metaverse and NFTs Explore More

    News

    CIBC Fined C$1.3M by Canadian Anti-Money Laundering Authority

    Canadian regulatory authorities imposed a $1.3m penalty on the Canadian Imperial Bank of Commerce...

    CIBC Fined C$1.3M by Canadian Anti-Money Laundering Authority Explore More

    News

    Biden Increases 50% Budget for FinCEN to Omit Financial Crimes

    President Joe Biden of the USA is pushing a plan for a 50% increase in the budget set aside for t...

    Biden Increases 50% Budget for FinCEN to Omit Financial Crimes Explore More

    News

    FATF says governments ineffective in stopping money-laundering

    According to David Lewis, Executive Secretary, Financial Action Task Force (FATF), governments ar...

    FATF says governments ineffective in stopping money-laundering Explore More

    News

    Low-orbit internet banking fraud claim supposed to be a bunch of space junk

    A case of supposed low-orbit digital banking fraud has taken a turn, with the US Attorney’s...

    Low-orbit internet banking fraud claim supposed to be a bunch of space junk Explore More

    News

    Sebi Releases New Anti-Money Laundering Guidelines

    The capital markets regulatory authority, the Securities Exchange Board of India (Sebi), publishe...

    Sebi Releases New Anti-Money Laundering Guidelines Explore More

    News

    The UK’s largest mobile operator EE has announced its Digital Identity platform

    EE, the UK’s largest mobile operator has announced its new Digital Identity platform to protect c...

    The UK’s largest mobile operator EE has announced its Digital Identity platform Explore More

    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

    EU Warns About the Impact of COVID-19 on Non-Regulated Crypto Investments

    European Union’s financial regulatory agency, the European Securities and Markets Authority (ESMA...

    EU Warns About the Impact of COVID-19 on Non-Regulated Crypto Investments Explore More

    News

    Increasing Use of Cryptocurrency for Money Laundering Causes Concern in the Philippines

    The use of cryptocurrency in money laundering is raising alarm for the Philippine Central Cank. T...

    Increasing Use of Cryptocurrency for Money Laundering Causes Concern in the Philippines Explore More

    News

    FCA Fines Santander and Metro Bank for AML Compliance Gaps

    The financial market regulator FCA has found compliance gaps in Anti Money Laundering (AML) syste...

    FCA Fines Santander and Metro Bank for AML Compliance Gaps Explore More

    News

    GIABA to Release Liberia’s AML and CFT Compliance Evaluation Report

    The GIABA has finally released its findings about Liberia’s gains and challenges in the fight aga...

    GIABA to Release Liberia’s AML and CFT Compliance Evaluation Report Explore More

    News

    Bitcoin scam exposes thousands to a data breach

    Fraud websites have successfully stolen the personal records of a number of individuals from the ...

    Bitcoin scam exposes thousands to a data breach Explore More

    News

    AML Council Warns Financial Institutions to Strengthen Systems for Effective Money Laundering Prevention

    Banks and financial institutions should implement a strengthened anti-money laundering system to ...

    AML Council Warns Financial Institutions to Strengthen Systems for Effective Money Laundering Prevention 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

    CBA Fails to Disclose AML Non-Compliance to Investors, A Court Hears

    A court has heard that the CBA should have informed the market that it may have engaged in “law-b...

    CBA Fails to Disclose AML Non-Compliance to Investors, A Court Hears Explore More

    News

    President of Argentina Open to CBDC Adoption but Central Bank Says No

    Alberto Fernandez, President of Argentina showed openness to adoption of Bitcoin and Central Bank...

    President of Argentina Open to CBDC Adoption but Central Bank Says No Explore More

    News

    The Bahamas to Launch a Payment Card for Central Bank Digital Currency

    Bahamas’ Central Bank has joined hands with Mastercard and digital payment startup Island Pay to ...

    The Bahamas to Launch a Payment Card for Central Bank Digital Currency Explore More

    News

    Crypto Exchange BKEX Freezes Withdrawals Under Money Laundering Investigation

    BKEX withdrawals were suspended after funds on its platform were used to launder money, according...

    Crypto Exchange BKEX Freezes Withdrawals Under Money Laundering Investigation Explore More

    News

    Cyprus Adopts Transparency in Registration of Company Owners

    Cyprus has planned to introduce a register in the coming weeks to unveil the identity of thousand...

    Cyprus Adopts Transparency in Registration of Company Owners Explore More

    News

    EU Lawmakers Propose New Bill to Combat Money Laundering through NFTs

    Members of the European Parliament have proposed a new bill to increase scrutiny of the NFT and D...

    EU Lawmakers Propose New Bill to Combat Money Laundering through NFTs Explore More

    News

    Indiana Witnesses a Spike in Identity Theft and Data Breaches

    Covid19’s outburst has resulted in exponential growth in online banking, purchasing, and eC...

    Indiana Witnesses a Spike in Identity Theft and Data Breaches Explore More

    News

    Court Convicts Defendant of Defalcation of Public Funds in Abu Dhabi

    A defendant was convicted of money laundering and tax evasion by Abu Dhabi Criminal Court and sen...

    Court Convicts Defendant of Defalcation of Public Funds in Abu Dhabi Explore More

    News

    US Sanctions Crypto Mixer Sinbad Over Connections to North Korea

    The FBI and the Dutch Financial Intelligence and Investigation Service have a crackdown on virtua...

    US Sanctions Crypto Mixer Sinbad Over Connections to North Korea Explore More

    News

    UAE Starts to Scrutinize Businesses to Ensure KYC/AML Compliance

    The UAE’s Ministry of Economy now starts the inspections of Designated Non-Financial Businesses a...

    UAE Starts to Scrutinize Businesses to Ensure KYC/AML Compliance Explore More

    News

    American Law Firms Building Class Suits against HSBC and Standard Chartered for Money Laundering

    Labaton Sucharow and Schall Law have a record of pursuing legal claims against listed organizatio...

    American Law Firms Building Class Suits against HSBC and Standard Chartered for Money Laundering Explore More

    News

    BPI Crackdowns on Money Mules to Secure Financial Institutions

    The Bank of Philippine Islands (BPI) was flagged on Wednesday as it was suspected to be involved ...

    BPI Crackdowns on Money Mules to Secure Financial Institutions Explore More

    News

    Non-compliant Crypto Accounts will Face Immediate Closure from Banks – Says CBN

    Nigerian banks are ordered to track and freeze non-compliant crypto accounts, while banks that fa...

    Non-compliant Crypto Accounts will Face Immediate Closure from Banks – Says CBN Explore More

    News

    BBB Warns About the Potential Scams Fuelled by the COVID Vaccine Passports

    As people around the world are increasingly becoming vaccinated, the concern about the vaccine pa...

    BBB Warns About the Potential Scams Fuelled by the COVID Vaccine Passports Explore More

    News

    WHO launches blockchain platform to fight COVID-19

    On March 28 the World Health Organization (WHO) collaborated with major blockchain and technology...

    WHO launches blockchain platform to fight COVID-19 Explore More

    News

    Monetary Authority of Singapore to Support G20 TechSprint Initiative

    The Monetary Authority of Singapore (MAS), the nation’s central bank and financial regulator, rec...

    Monetary Authority of Singapore to Support G20 TechSprint Initiative Explore More

    News

    South Africa Earmarked R265 Million to Get Off FATF’s Greylist

    Finance Minister Enoch Godongwana announced on Tuesday that allocating R265 Million is one of sev...

    South Africa Earmarked R265 Million to Get Off FATF’s Greylist Explore More

    News

    NGOs Advised on Due Diligence to Tackle Terrorism Financing

    The Financial Crimes Commission’s SCUML has advised Non-Governmental Organizations (NGOs) to cond...

    NGOs Advised on Due Diligence to Tackle Terrorism Financing Explore More

    News

    HEDA Calls for Professional Regulatory Bodies to Sanction Corruption Enablers

    The Human and Environmental Development Agenda (HEDA), the leading civic society organization on ...

    HEDA Calls for Professional Regulatory Bodies to Sanction Corruption Enablers 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

    FBI and the U.S. Marshals Service Warn of Prevailing Telephone Scams

    FBI and the U.S. Marshals Service have warned of prevailing telephone fraud in which callers act ...

    FBI and the U.S. Marshals Service Warn of Prevailing Telephone Scams Explore More

    News

    China Warns of Money Laundering Risks Arising from NFTs

    China has warned of the financial risks associated with non-fungible tokens (NFTs) as three indus...

    China Warns of Money Laundering Risks Arising from NFTs Explore More

    News

    U.K. Parliament Introduces New Online Safety Bill to Curb Push Payment Fraud

    The UK Parliament introduces a new Online Safety Bill, to mitigate push payment fraud and increas...

    U.K. Parliament Introduces New Online Safety Bill  to Curb Push Payment Fraud Explore More

    News

    Vietnam Enhances Anti-Money Laundering Laws to Prevent Financial Crimes

    Vietnam regulatory departments are redefining their AML compliance measures to supervise cryptocu...

    Vietnam Enhances Anti-Money Laundering Laws to Prevent Financial Crimes Explore More

    News

    Kuwait Bans Crypto-Related Activities to Combat Money Laundering

    The government of Kuwait banned all crypto-related activities on July 18th, including mining, tra...

    Kuwait Bans Crypto-Related Activities to Combat Money Laundering Explore More

    News

    Money Laundering Cases Doubled in the Past Six Years – Eurojust Report

    Eurojust has recorded around 3000 cases of cross-border money laundering over the last six years....

    Money Laundering Cases Doubled in the Past Six Years – Eurojust Report Explore More

    News

    CBN Fines GTBank N128M for Failing to Meet AML and CTF Requirements

    The Central Bank of Nigeria (CBN) has charged Guaranty Trust Bank (GTBank) with N128 million for ...

    CBN Fines GTBank N128M for Failing to Meet AML and CTF Requirements 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

    Court Dismisses Appeal in New Zealand’s First Criminal Prosecution Under AML/CFT Act

    Court of Appeal dismisses an appeal on 1st July against New Zealand’s first criminal prosecution ...

    Court Dismisses Appeal in New Zealand’s First Criminal Prosecution Under AML/CFT Act Explore More

    News

    Hong Kong Crypto Exchange Platform JPEX Involved in a $178M Fraud

    Hong Kong Authorities claimed they received over 23,000 complaints against the Dubai-registered c...

    Hong Kong Crypto Exchange Platform JPEX Involved in a $178M Fraud Explore More

    News

    Homeland Security Takes Back Its Plans of Facial Recognition for US Citizens

    The Department of Homeland Security (DHS) is taking back its decision to implement a policy that ...

    Homeland Security Takes Back Its Plans of Facial Recognition for US Citizens Explore More

    News

    AUSTRAC New Risk Assessment Report on Banking Sector Warns Brokers of High ML/TF Risk

    The brokers knowingly allowed the loans to be repaid with illicit funds, states the report.  AUST...

    AUSTRAC New Risk Assessment Report on Banking Sector Warns Brokers of High ML/TF Risk Explore More

    News

    Taiwanese Crypto Exchange Platform Under Investigation for Money Laundering

    Taiwanese crypto exchange platform and a member of the Virtual Asset Service Provider (VASP), Bit...

    Taiwanese Crypto Exchange Platform Under Investigation for Money Laundering Explore More

    News

    FinCEN Releases Final Rule to Implement Beneficial Ownership Reporting Requirements

    US Treasury Department’s FinCEN has issued a highly anticipated final rule for the implementation...

    FinCEN Releases Final Rule to Implement Beneficial Ownership Reporting Requirements Explore More

    News

    Florida House Speaker Votes to Restrict Minors’ Access to Social Media Platforms Via Age Verification Checks

    Florida House votes to mandate social media platforms to implement rigid age verification checks,...

    Florida House Speaker Votes to Restrict Minors’ Access to Social Media Platforms Via Age Verification Checks Explore More

    News

    Investment Bank Fined by FCA for Failing with Due Diligence Requirements

    An Investment Bank in London, Sapien Captial, has been penalised by the financial regulator, Fina...

    Investment Bank Fined by FCA for Failing with Due Diligence Requirements Explore More

    News

    Singapore Seizes $736m Worth of Assets in Money Laundering Investigation

    Singapore police have arrested 10 foreigners in the money laundering operation and seized $736m w...

    Singapore Seizes $736m Worth of Assets in Money Laundering Investigation Explore More

    News

    US Treasury Publishes National Risk Assessments for Financial Crimes

    The US Treasury has published the 2022 National Risk Assessments (NRAs) on Money Laundering (NMLR...

    US Treasury Publishes National Risk Assessments for Financial Crimes Explore More

    News

    Amazon patents block chain-based product authenticator

    The U.S. Patent and Trademark Office approved Amazon’s three-year-old “Distributed ledger certifi...

    Amazon patents block chain-based product authenticator Explore More

    News

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

    The AFP is set to crack down on Italian organised crime and money laundering syndicates flowing b...

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

    News

    The US and UK Strengthen Ties Regarding Crypto Regulations, Says British Regulator

    The Top British regulator FCA reported that the US and UK are strengthening ties on crypto regula...

    The US and UK Strengthen Ties Regarding Crypto Regulations, Says British Regulator 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

    SA’s Healthcare Organizations Become the Latest Prey for Cybercriminals

    COVID-19 pandemic has paved the way for cybercriminals to target South Africa’s healthcare organi...

    SA’s Healthcare Organizations Become the Latest Prey for Cybercriminals Explore More

    News

    FinTech Market Gaining Traction in Asia, Slowing Down in US

    The Financial Technology (FinTech) market is booming in Asia, especially in China according to a ...

    FinTech Market Gaining Traction in Asia, Slowing Down in US Explore More

    News

    Sri Lanka’s blockchain KYC platform to initiate ‘Shortly’: Central Bank

    According to Daily Mirror Online, the Monetary Board has now finalized three software development...

    Sri Lanka’s blockchain KYC platform to initiate ‘Shortly’: Central Bank Explore More

    News

    FIU Imposes a Fine of L$21 Million on Insurance Companies for AML Failings

    The Liberian financial intelligence unit (FIU) has imposed a L$21 million fine against all the in...

    FIU Imposes a Fine of L$21 Million on Insurance Companies for AML Failings 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