Morocco
Morocco Strengthens Anti-Money Laundering Laws to Meet Global Standards
Morocco has decided to toughen its legal arsenal in the fight against money laundering and terrorist financing in order to comply with international legislation.
Topic
Money laundering
Belgium
Belgian Police Arrest Four in ISIS Stolen Passport Ring Investigation
Four suspects have been arrested and charged with forgery and use of forgeries, receiving, money laundering and criminal organization as part of an investigation by the federal judicial police. A Brussels investigating judge has placed them under extended detention for a period of one month.
Morocco
Morocco Advances Anti-Money Laundering Bill in Parliament
The draft law No. 12-18 amending and supplementing the Criminal Code and Law No. 43.05 on the fight against money laundering is currently on the table of deputies who will have to consider its adoption.
Morocco
Morocco Races to Strengthen Anti-Money Laundering Laws to Avoid FATF Blacklist
Morocco could fall into the blacklist of the Financial Action Task Force (FATF), thus risking a downgrade of its rating. Aware of this situation, the Minister of Justice affirms that it is urgent to adopt bill no. 12-18 amending and supplementing the penal code and law no. 43.05 on the fight against money laundering.
Spain
British-Moroccan Couple Arrested at Spanish Port with €100,000 in Attempted Bribery Scheme
A British national and his Moroccan-born wife, apparently in a hurry to make the crossing, tried to bribe a Spanish police officer to avoid the control at the port of Tarifa .
France
Family Accused in Massive French Healthcare Fraud Scheme Targeting Insurers
The French justice system is prosecuting seven members of the same family from Val-d’Oise who are allegedly involved in a network of fraud and money laundering. The targets: 41 social security funds, 55 mutual insurance companies and dozens of ambulance companies.
Morocco
Syrian Man Caught at German-Austrian Border with €1.1 Million in Hidden Cash
The German police managed to intercept a suspicious car at the border with Austria. A 25-year-old Syrian national, accompanied by a 21-year-old Moroccan woman , wanted to smuggle the sum of 1.1 million euros.
Morocco
Car Dealers Implicated in Moroccan Cocaine Trafficking Money Laundering Scheme
The cocaine affair in Harhoura has not finished revealing all its secrets. The local police services have managed to locate the mastermind of the drug trafficking and have discovered that many car dealers would be involved in money laundering.
Spain
Cocaine Cartels Exploit Moroccan Agriculture for Money Laundering Scheme
Drug money laundering networks are full of ingenuity. Their latest find: recruiting Moroccan brokers whose main mission is to reinvest illicit money in agriculture, livestock and the trade of agricultural products.
Morocco
Moroccan Woman Linked to Drug Trafficking Vanishes in Amsterdam Kidnapping
A young Moroccan woman has been missing since October 20th around 9:30 pm following her kidnapping by individuals in a black car. She was abducted near her home at Albert Heijn in Amsterdam .
Morocco
Morocco Tightens Anti-Money Laundering Laws to Meet Global Standards
Morocco is working to strengthen its legal arsenal against money laundering and the financing of terrorism. In this sense, a new system will be put in place.
Morocco
Morocco to Consider New Anti-Money Laundering Law and Diploma Equivalence Reforms
The law on money laundering and the one on the equivalence of higher education diplomas will be at the heart of the government council. This will be tomorrow, Thursday, under the effective chairmanship of the Head of Government, Saad-Eddine El Othmani.