»
you're reading...
MemberCheck AML Compliance Service

Uruguay Unveils Anti-Money Laundering Plan


Uruguay’s new anti-money laundering plan is likely intended to help restore international confidence in the the country’s financial system, which is closely linked to one of South America’s epicenters for money laundering, Argentina.

The law, which was designed with help from the International Monetary Fund (IMF), is a two-year plan that implements several reforms aimed at making it easier to investigate and prosecute money laundering crimes.

It also strengthens oversight of non-governmental organizations (NGOs). At the press conference announcing the plan, the head of the Anti-Money Laundering Secretariat said that because they are exempt from paying taxes, NGOs often engender “an environment suitable for there to be irregularities.”

Detailed news link: click here

Press release link from BCU Uruguay (in Spanish): click here

Press release link (in English): click here

AML timeline on Historical scale:
A historical timeline scale listing various sanctions and fines on financial institutions etc (each linked to the Sanctions and Fines section of AMLabc for details)! For more details: click here
AML/Compliance Certifications
Do you know how many AML certifications are out there? This page gives you a list of AML certifications available out there. For more details: click here
AML software vendors:
This list was prepared to get all the known AML software vendors at a single location. For more details: click here
Screening software vendors:
Same as AML software vendors this list provides a list of Screening solution vendors available in the market. For more details: click here
Financial Investigation Units (FIU's) worldwide:
Sometimes you search for FIUs and wonder where to find them. This page shows all FIUs on a world map including AML news hosted on AMLabc from that country. For more details: click here
Subscribe to RSS Feeds Subscribe to e-mail Like us on Facebook Follow on Twitter
Maldives: Detailed Assessment Report on Anti-Money Laundering and Combating the Financing of Terrorism January 5, 2012
Maldives: Detailed Assessment Report on Anti-Money Laundering and Combating the Financing of Terrorism: For more click here
It’s All about the Money: Advancing Anti-Money Laundering Efforts in the U.S. and Mexico to Combat Transnational Organized Crime May 24, 2012
It’s All about the Money: Advancing Anti-Money Laundering Efforts in the U.S. and Mexico to Combat Transnational Organized Crime: For more click here
EU report on the application of Directive 2005/60/EC on the prevention of the use of the financial  system for the purpose of money laundering and terrorist financing April 11, 2012
EU report on the application of Directive 2005/60/EC on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing: For more click here
Case Study: AML, Fraud Integration October 21, 2011
Case Study: AML, Fraud Integration: For more click here
The credit card-terrorism connection June 3, 2012
The credit card-terrorism connection: For more click here
‘Pirate Trails’ Tracks Dirty Money Resulting From Piracy Off the Horn of Africa November 4, 2013
‘Pirate Trails’ Tracks Dirty Money Resulting From Piracy Off the Horn of Africa: For more click here
*Picked randomly from AMLabc repositoryFor more AML Case Studies: click here
Gibraltar bank warns of new regulatory enforcement action, fines over money laundering April 23, 2014
Gibraltar bank warns of new regulatory enforcement action, fines over money laundering: For more click here
Brazil names 46 suspects in money-laundering, drug probe April 23, 2014
Brazil names 46 suspects in money-laundering, drug probe: For more click here
UAE anti-money laundering draft law amended April 23, 2014
UAE anti-money laundering draft law amended: For more click here
Kenya: Banks boost money laundering scrutiny April 16, 2014
Kenya: Banks boost money laundering scrutiny: For more click here
Money laundering investigations in Hong Kong up sharply following 2012 law April 14, 2014
Money laundering investigations in Hong Kong up sharply following 2012 law: For more click here
(UK)Offshore tax evasion: Osborne sets out new penalties April 14, 2014
(UK)Offshore tax evasion: Osborne sets out new penalties: For more click here
For more AML news: click here
Some hypothetical cases of credit cards abused for money laundering June 8, 2012
Some hypothetical cases of credit cards abused for money laundering: For more click here
Hong Kong: Guideline on Anti-Money Laundering and Counter-Terrorist Financing (2012) January 30, 2012
Hong Kong: Guideline on Anti-Money Laundering and Counter-Terrorist Financing (2012): For more click here
Case Study: Anti-Money Laundering Analysis with Spotfire June 20, 2012
Case Study: Anti-Money Laundering Analysis with Spotfire: For more click here
ING Bank N.V. Agrees to Forfeit $619 Million for Sanctions Violations June 12, 2012
ING Bank N.V. Agrees to Forfeit $619 Million for Sanctions Violations: For more click here
Former Hamilton Township, N.J., Official Admits Laundering Bribe Money Allegedly Paid to Mayor July 1, 2012
Former Hamilton Township, N.J., Official Admits Laundering Bribe Money Allegedly Paid to Mayor: For more click here
OCC Issues Cease and Desist Order Against Citibank, N.A April 6, 2012
OCC Issues Cease and Desist Order Against Citibank, N.A: For more click here
http://at.amlabc.com/Xoqhsb
Search the right AML job for you
Ascent AML softwares

About me

An AML consultant by profession and believer of "sharing is caring" concept, I am using this website to gather every money laundering info spread across the INTERNET. View Abhishek  Dwivedi's profile on LinkedIn

more...