AML

Saying 'yes' too much; M&A mania; partners' income spread; and other highlights from our favorite tax bloggers.

Off and Bozo-ing; the 100% tariff; Johnston on hot trends; and other highlights from our favorite tax bloggers.

The White House is taking aim at global money laundering in line with a UN effort, but some sectors of the economy are falling prey to criminal activity.

The Treasury Department released its first ever illicit finance risk assessment on the vast ecosystem of decentralized finance, or DeFi, which the report said was rife with criminal activity.

The service is increasingly relying on information provided by financial institutions to uncover tax-related crimes such as money laundering and drug trafficking.

Bittex has been fined tens of millions of dollars over multiple failures to identify and report particular types of customers.

Sheldon Whitehouse, D-Rhode Island, and Roger Wicker, R-Mississippi, introduced bipartisan legislation to put more responsibility on accountants and other financial professionals to safeguard against money laundering and other crimes.

The International Federation of Accountants teamed up with the Institute of Chartered Accountants on the latest installment of an educational series.

The bill that would force anonymous shell companies to disclose their actual ownership.

The Internal Revenue Service’s Bank Secrecy Act program, in which it is supposed to safeguard against money laundering, is having only a minimal impact on tax compliance, according to a new report.