Papua New Guinea (PNG) faces the possibility of being grey-listed by the Financial Action Task Force (FATF) due to non-compliance with anti-money laundering (AML) and counter-terrorism financing (CTF) recommendations. This potential scenario necessitates an examination of the ramifications and
Toronto-Dominion Bank (TD Bank) recently updated its fair value estimate to CAD 93/USD 65 per share. Despite maintaining a wide moat rating, the bank’s capital allocation rating was downgraded to Standard from Exemplary, following failures in the US related to anti-money-laundering measures. M
The ongoing investigation by the Nevada Gaming Control Board (NGCB) into alleged anti-money laundering breaches at Resorts World Las Vegas (RWLV) has raised significant concerns about Genting Group's ability to navigate these regulatory challenges. This analysis examines the potential
The rapid digital transformation in Southeast Asia has propelled the region to the forefront of the global economic stage, but it has also brought with it challenges that demand urgent attention, particularly the alarming rise in identity fraud. Chief operating officers (COOs) find themselves at
In a significant move to bolster the fight against financial crimes, the Economic and Financial Crimes Commission (EFCC) has called upon Designated Non-Financial Businesses and Professions (DNFBPs) in Benin City to enhance their compliance with anti-money laundering (AML) regulations. This call to
Recent actions by the Trump administration to cease the enforcement of penalties on businesses failing to comply with the Corporate Transparency Act (CTA) have stirred significant controversy. The CTA, passed by Congress in 2021, requires corporations and limited liability companies to disclose
