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

    185.191.171.16

    UAE Freezes Assets of Irish Crime Syndicate for Laundering Money Through Dubai

    n-img-uae-comp

    The UAE has frozen the assets of Ireland’s Kinahan Crime Syndicate, mounting the pressure on an organization that has close ties to renowned boxers.

    The UAE told Financial Times that it will continue the investigations into the Irish organised crime group along with authorities in the US, UK, Ireland, and Spain. 

    The United States, which earlier this month offered a $5 million reward for help arresting the leaders of the gang, has likened it to some of the world’s most notorious crime networks. 

    Daniel Kinahan, one of the three leaders named, has been involved in organizing high-profile boxing fights in recent years.

    “The relevant authorities co-operate closely on cases involving foreign elements, in line with the UAE’s international commitments and national legal framework for combating illicit activity,” the government told

    The gang had gone from dealing heroin and cocaine in Dublin in the 1990s to operating across Europe, according to the Irish police.

    The announcement of the asset freeze on one of Europe’s most notorious crime syndicates comes after the US Treasury imposed sanctions on the Kinahan group last week. The sanctions targeted seven group members including the Irish leaders, Christopher Kinahan and his two sons, Daniel and Christopher Jr, who are both based in Dubai.

    The US also put a $5 million price on the heads of Kinahan Sr – also known as Christy or “the Dapper Don” and his sons. The US accused the Kinahans of smuggling narcotics into Europe and engaging in money laundering, frequently using Dubai as “a facilitation hub for its illicit activities.”

    The sanctions on Daniel Kinahan, who has denied being a crime boss, have rocked the sport of boxing, where he has been accredited with advising fighters and setting up bouts.

    Suggested read: UAE Issues $1.048 Billion Worth of Fines for Money Laundering & Terrorism Financing

    Related Posts

    News

    FATF International Cooperation Review Group Meet in Mauritius to Discuss UAE’s Position on the Gray List

    Despite ongoing financial crime, the US and several other Western countries have paid no heed to ...

    FATF International Cooperation Review Group Meet in Mauritius to Discuss UAE’s Position on the Gray List 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

    UAE Freezes Assets of Irish Crime Syndicate for Laundering Money Through Dubai

    The UAE has frozen the assets of Ireland’s Kinahan Crime Syndicate, mounting the pressure on an o...

    UAE Freezes Assets of Irish Crime Syndicate for Laundering Money Through Dubai Explore More

    News

    Canada’s Federal Government Announces Public Consultation Regarding a New Framework for Digital Identity

    Canada’s government announces public consultation for creating a federally regulated digital iden...

    Canada’s Federal Government Announces Public Consultation Regarding a New Framework for Digital Identity Explore More

    News

    Cryptocurrency brought under AML rules in Singapore

    Coinpip, the Singaporean cryptocurrency provider, has closed down its operations, in spite of dec...

    Cryptocurrency brought under AML rules in Singapore Explore More

    News

    SEC Orders Finance, Lending Companies to Submit AML Plans by 21 June

    Philippine’s SEC has ordered all financing and lending companies to submit their plans for the im...

    SEC Orders Finance, Lending Companies to Submit AML Plans by 21 June Explore More

    News

    China Raises Penalty, Broadens Scope of AML Laws

    The People’s Bank of China (PBOC) has published a revised draft for the country’s AML law which e...

    China Raises Penalty, Broadens Scope of AML Laws Explore More

    News

    AMLC Freezes Assets of 16 Groups Labeled as Terrorist Organizations

    The Anti-Money Laundering Council in the Philippines has frozen the accounts of 16 organizations ...

    AMLC Freezes Assets of 16 Groups Labeled as Terrorist Organizations Explore More

    News

    Unlisted Crypto Exchange, JPEX, Investigated for Criminal Charges by SFC

    The Hong Kong Security and Futures Commission (SFC) warned an unlisted crypto exchange platform, ...

    Unlisted Crypto Exchange, JPEX, Investigated for Criminal Charges by SFC Explore More

    News

    Albania Fails to Take Strict AML/CFT Measures

    According to MONEYVAL, Albania has failed to take the necessary steps to improve measures on figh...

    Albania Fails to Take Strict AML/CFT Measures Explore More

    News

    New Zealand to Introduce New Bill for Public Beneficial Ownership Register

    New Zealand has initiated a crackdown against corporate secrecy after the Pandora papers and look...

    New Zealand to Introduce New Bill for Public Beneficial Ownership Register Explore More

    News

    COVID-19: Banks and mobile companies join to block texting scams

    The banking and mobile phone industries are declaring advancement in the face of a rise in so-cal...

    COVID-19: Banks and mobile companies join to block texting scams Explore More

    News

    Twitter Reveals Plans of Addressing Deepfakes

    Last month, Twitter announced that it was working on plans to better handle the rising issues of ...

    Twitter Reveals Plans of Addressing Deepfakes Explore More

    News

    DBS Bank in Singapore Entering the Crypto Sector with Three New Offerings

    Singapore’s largest commercial and retail bank, DBS, is likely to enter the cryptocurrency sector...

    DBS Bank in Singapore Entering the Crypto Sector with Three New Offerings Explore More

    News

    Buy Now Pay Later Service Openpay Warned for AML Violations

    Te Tari Taiwhenua, the Department of Internal Affairs, has issued a warning to an Australian Buy ...

    Buy Now Pay Later Service Openpay Warned for AML Violations Explore More

    News

    G-20 impels countries to adopt tough FATF Regulations on Cryptocurrencies

    Bankers and finance ministers in the G-20 (Group of Twenty) are urging for greater acceptance of ...

    G-20 impels countries to adopt tough FATF Regulations on Cryptocurrencies Explore More

    News

    SFC Imposed a HK$9 Fine on RIFA Future for KYC Failings

    RIFA Limited was charged by the domestic regulatory authority of Hong Kong, the Securities and Fu...

    SFC Imposed a HK$9  Fine on RIFA Future for KYC Failings Explore More

    News

    Swedish Gaming Authority Fines Kindred, ATG, and PinBet for AML Failures

    Swedish gaming authority has fined Kindred, ATG, and PinBet £1.4m, €1.7m, and $1.8m, respectively...

    Swedish Gaming Authority Fines Kindred, ATG, and PinBet for AML Failures Explore More

    News

    Amazon Challenges Pentagon’s $10 Billion Contract To Microsoft

    Amazon said on Thursday, that it is going to challenge a $10 billion contract awarded to Microsof...

    Amazon Challenges Pentagon’s $10 Billion Contract To Microsoft Explore More

    News

    FCA Raises Major Concerns about Investing in Non-Fungible Tokens (NFTs)

    The FCA highlighted the significant risk associated with the Non-Fungible Tokens (NFTS) which may...

    FCA Raises Major Concerns about Investing in Non-Fungible Tokens (NFTs) Explore More

    News

    Australian Government to Extend AML and CTF Regime

    The Australian Government has initiated a consultation on revising the Anti-Money Laundering (AML...

    Australian Government to Extend AML and CTF Regime Explore More

    News

    FINMA Allows Chip Scanning and Geolocation for Digital Customer Onboarding

    The FINMA now enables the scanning of microchips inserted in biometric ID documents as an element...

    FINMA Allows Chip Scanning and Geolocation for Digital Customer Onboarding Explore More

    News

    Cyberattack Prompts Dallas Firefighter and Police Associations to Demand Identity Theft Protection

    It has been three weeks since Dallas’ operations were affected by a municipal network outage. Som...

    Cyberattack Prompts Dallas Firefighter and Police Associations to Demand Identity Theft Protection Explore More

    News

    FATF puts South Africa and Nigeria on Anti Money Laundering Gray list

    The global financial watchdog puts Africa’s two biggest economies on Anti-money laundering grey l...

    FATF puts South Africa and Nigeria on Anti Money Laundering Gray list Explore More

    News

    The Nigerian Bar Association (NBA) Introduces Anti-Terrorist Financing, Anti-Money Laundering Laws

    Lawyers in Nigeria are being instructed to follow anti-money laundering and terrorist financing l...

    The Nigerian Bar Association (NBA) Introduces Anti-Terrorist Financing, Anti-Money Laundering Laws Explore More

    News

    Australian Police Launch Avarus, a Multi-task Force to fight Money Laundering

    Australian Federal Police has set up a new multi-agency task force to fight prevailing financial ...

    Australian Police Launch Avarus, a Multi-task Force to fight Money Laundering Explore More

    News

    Interpol Operation Intercepts Financial Cybercrime Worth $83 Million

    Due to an exponential rise in online financial crimes in the Asia Pacific region, an INTERPOL-coo...

    Interpol Operation Intercepts Financial Cybercrime Worth $83 Million Explore More

    News

    Fintech funding dwindles amidst Coronavirus pandemic

    Fintech funding reduced at the beginning of 2020 because the COVID-19 outbreak began to hit late ...

    Fintech funding dwindles amidst Coronavirus pandemic Explore More

    News

    Google plans to conduct identity verification of advertisers

    Google stated in a blog post on Thursday that it will soon require all advertisers to verify thei...

    Google plans to conduct identity verification of advertisers Explore More

    News

    South Korea’s Telecom Giant to Introduce Blockchain Wallets for Official Documents

    SK Telecom, a South Korean telecom giant, has announced its first e-wallet for digitally storing ...

    South Korea’s Telecom Giant to Introduce Blockchain Wallets for Official Documents Explore More

    News

    Non-Compliant Banks Can End Up In FATF’s Gray list – Warns Governor of the South African Reserve Bank

    Lesetja Kganyago, Governor SARB confirms to the Parliament’s standing committee about the i...

    Non-Compliant Banks Can End Up In FATF’s Gray list – Warns Governor of the South African Reserve Bank Explore More

    News

    Fraudsters are all set to exploit Black Friday sales. Beware!

    Criminals are aware that at this time of the year, shoppers are looking for discounted deals and ...

    Fraudsters are all set to exploit Black Friday sales. Beware! Explore More

    News

    Central Bank of Morocco to Introduce a Comprehensive Crypto Regulation Bill

    Morocco’s Central Bank is drafting a set of comprehensive cryptocurrency laws as the digital asse...

    Central Bank of Morocco to Introduce a Comprehensive Crypto Regulation Bill Explore More

    News

    Two foreign nationals charged with Cryptocurrency laundering

    The United States Department of Justice has charged two Chinese nationals with laundering $100 mi...

    Two foreign nationals charged with Cryptocurrency laundering Explore More

    News

    National Assembly Passes Revised AML Law and Thrift Practice Resolution

    The National Assembly (NA) has passed the revised law on Money Laundering Prevention and Control ...

    National Assembly Passes Revised AML Law and Thrift Practice Resolution 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

    BitGo settles with US Treasury; Sanctions Violations will Cost $98,830

    The U.S. Treasury has settled with BitGo over costs that it helped users in authorised divisions ...

    BitGo settles with US Treasury; Sanctions Violations will Cost $98,830 Explore More

    News

    UAE Struggles to Shade Off Grey-List Status as it Continues to Attract More Crypto Firms

    The UAE is keen on regaining a good reputation by clearing its name from FATF’s grey list while t...

    UAE Struggles to Shade Off Grey-List Status as it Continues to Attract More Crypto Firms Explore More

    News

    Australian Gold Company, The Perth Mint, Accepts Voluntary Undertaking to Avoid AML Fines

    The Australian gold corporation, the Perth Mint, escaped penalties for inadequate compliance syst...

    Australian Gold Company, The Perth Mint, Accepts Voluntary Undertaking to Avoid AML Fines Explore More

    News

    Argentina Proposes VASP Registry as Part of Updated AML Law

    Argentina is preparing to update its AML and CTF law and has proposed to include a registry for v...

    Argentina Proposes VASP Registry as Part of Updated AML Law Explore More

    News

    US Officials allege student defrauded Apple as part of SIM swap attack

    Richard Yuan Li, a student at the University of California-San Diego, is charged with plotting to...

    US Officials allege student defrauded Apple as part of SIM swap attack Explore More

    News

    Ontario Labeled ‘Highly Vulnerable’ to Money Laundering Activities in Cullen Report

    The Canadian gambling sector is on its toes after Commissioner Austin Cullen’s report revealed in...

    Ontario Labeled ‘Highly Vulnerable’ to Money Laundering Activities in Cullen Report Explore More

    News

    EFCC Urges DNFBPs to Align Operations with Newly Enacted Money Laundering Prohibition and Prevention Act 2022

    EFCC has called on designated non-financial businesses and professions to conduct their dealings ...

    EFCC Urges DNFBPs to Align Operations with Newly Enacted Money Laundering Prohibition and Prevention Act 2022 Explore More

    News

    Fintech Requires Tight Controls to Mitigate Data Privacy Risks, Treasury Report

    As per the new report by the U.S. Department of the Treasury, Fintech requires tight controls to ...

    Fintech Requires Tight Controls to Mitigate Data Privacy Risks, Treasury Report Explore More

    News

    11 Arrested for Illegal Offshore and Cross-Border Gambling Activities in Macau

    11 people arrested along with businessman Alvin Chau in an investigation of bogus gambling scheme...

    11 Arrested for Illegal Offshore and Cross-Border Gambling Activities in Macau Explore More

    News

    Aussies Lost Record-breaking $851 million During COVID-19: ACCC Reports

    Amid the pandemic, Australians lost a record-breaking amount of $851 million in 2020. According t...

    Aussies Lost Record-breaking $851 million During COVID-19: ACCC Reports Explore More

    News

    UAE Central Bank: AML Guidelines Issued for Licensed Financial Institutes

    The UAE Central Bank has issued guidance for financial institutes to fight money laundering, terr...

    UAE Central Bank: AML Guidelines Issued for Licensed Financial Institutes Explore More

    News

    US Senator Challenges the Proposed Crypto Regulations of FinCEN & FATF

    Pat Toomey, the US Senator, has requested Treasury Secretary Janet Yellen to “make significant re...

    US Senator Challenges the Proposed Crypto Regulations of FinCEN & FATF Explore More

    News

    New Crypto Regulations to be Followed by Korean Banks

    South Korea is increasing cryptocurrency regulations by making KYC verification necessary along w...

    New Crypto Regulations to be Followed by Korean Banks Explore More

    News

    Fintech funding dwindles amidst Coronavirus pandemic

    Fintech funding reduced at the beginning of 2020 because the COVID-19 outbreak began to hit late ...

    Fintech funding dwindles amidst Coronavirus pandemic Explore More

    News

    China Announces Anti-foreign Sanctions Law

    Under the new law, China has introduced countermeasures against senior managers and actual contro...

    China Announces Anti-foreign Sanctions Law Explore More

    News

    New York State Department Fines Robinhood $30m for Inadequate AML Compliance Measures

    New York’s top financial regulator has fined Robinhood $30 million for failures and shortcomings ...

    New York State Department Fines Robinhood $30m for Inadequate AML Compliance Measures Explore More

    News

    FATF Removes Cayman Islands and Panama From Increased AML Monitoring List

    In the last plenary meeting of the Financial Action Task Force (FATF) on October 27th, the Cayman...

    FATF Removes Cayman Islands and Panama From Increased AML Monitoring List Explore More

    News

    $6.1 Million Seized As US Treasury Sanctions Another Crypto Exchange

    The US Department of the Treasury has sanctioned Chatex crypto exchange “for facilitating financi...

    $6.1 Million Seized As US Treasury Sanctions Another Crypto Exchange Explore More

    News

    Data Security at Risk Due to the Fake Lending Apps

    Gained network access, pictures, and contact information are at threat due to the fake lending ap...

    Data Security at Risk Due to the Fake Lending Apps Explore More

    News

    CBN, NFIU to Monitor Illicit Crypto Transactions in Centralized Exchanges

    The CBN and NFIU have been urged to track illicit transactions in cryptocurrency by engaging with...

    CBN, NFIU to Monitor Illicit Crypto Transactions in Centralized Exchanges Explore More

    News

    Dubai Sets up Special Court to Tackle Money Laundering

    The new court of law has been established to combat money laundering and related financial crimes...

    Dubai Sets up Special Court to Tackle Money Laundering Explore More

    News

    South Africa links fintech startups with financial regulators

    South Africa’s financial regulators have initiated the Inter-governmental Fintech Working Group (...

    South Africa links fintech startups with financial regulators Explore More

    News

    Nevada Takes Measures to Combat Unemployment Insurance Fraud

    District of Nevada’s Office of U.S Attorney has shown concerns about the rise in unemployment ins...

    Nevada Takes Measures to Combat Unemployment Insurance Fraud Explore More

    News

    Money Laundering to Remain a Significant Challenge with Spike in Online Crime

    Senior officers of Garda have indicated the rapidly rising problem of money laundering as the big...

    Money Laundering to Remain a Significant Challenge with Spike in Online Crime Explore More

    News

    Anti-Fraud Experts Advise the CBN to Reconsider its Decision to Ban Crypto

    One year after the Central Bank Nigeria (CBN), imposed a ban on digital currencies, anti-fraud ex...

    Anti-Fraud Experts Advise the CBN to Reconsider its Decision to Ban Crypto Explore More

    News

    United States Senate, UAE Government, and Spain Make Significant Efforts to Curb Money Laundering and Terrorist Financing Activities

    United States Senate, UAE Government, and Spain Take effective measures to amend current Anti-Mon...

    United States Senate, UAE Government, and Spain Make Significant Efforts to Curb Money Laundering and Terrorist Financing Activities Explore More

    News

    The UAE Hosts the Egmont Plenary to Promote Global Anti-Money Laundering Efforts

    The UAE Financial Intelligence Unit is hosting this year’s Egmont Plenary event, which is e...

    The UAE Hosts the Egmont Plenary to Promote Global Anti-Money Laundering Efforts Explore More

    News

    Cyprus to Test UBO Registration System for AML Compliance

    The government of Cyprus has indicated it will test a system for registering ultimate beneficial ...

    Cyprus to Test UBO Registration System for AML Compliance Explore More

    News

    NAB, CBA Under Money Laundering Probe Yet Again

    Australia’s CBA and NAB are under regulatory scrutiny for providing correspondent banking service...

    NAB, CBA Under Money Laundering Probe Yet Again Explore More

    News

    Betting and Gambling Council Host AML Training for Gambling Industry

    During the Gambling Anti-Money Laundering Group (GAMLG) training day on September 6th, the Bettin...

    Betting and Gambling Council Host AML Training for Gambling Industry Explore More

    News

    Australian Defense Department Hit by Ransomware Attack

    Australian Defence Department has been hit by a ransomware attack. No information about former or...

    Australian Defense Department Hit by Ransomware Attack Explore More

    News

    UK Customers Losse £580m to Identity Scammers in First Half of 2023

    UK Finance disclosed that identity theft is a proliferating scam, and they recorded 1.4m fraud ca...

    UK Customers Losse £580m to Identity Scammers in First Half of 2023 Explore More

    News

    Congress to Pass Urgently Needed AML & Whistleblower Protections Against Russian Oligarchs

    Congress is close to passing urgently required AML and whistleblower protections targeting Russia...

    Congress to Pass Urgently Needed AML & Whistleblower Protections Against Russian Oligarchs Explore More

    News

    US Takes Steps to Regulate Digital Currency Amid Russian Sanction

    President Biden signed an executive order on Wednesday wherein the federal government was urged t...

    US Takes Steps to Regulate Digital Currency Amid Russian Sanction Explore More

    News

    FIAU Slaps Triton Capital Markets Limited with €227,000 Fine for AML/CTF Breaches

    The Financial Services Analysis Unit (FIAU) FIAU has fined Triton Capital Markets Limited  €227,0...

    FIAU Slaps Triton Capital Markets Limited with €227,000 Fine for AML/CTF Breaches Explore More

    News

    Russian govt introduces Fintech Sandboxes, including Blockchain

    The Russian government plans on the creation of regulatory sandboxes for companies working on con...

    Russian govt introduces Fintech Sandboxes, including Blockchain 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