Friday, November 22, 2024

NEWS: Banks warned of North Korean IT workers getting jobs at UK firms to launder cash – AML Intelligence

Must read

By Paul O’Donoghue, Senior Correspondent

The UK government has said that North Korean IT workers are covertly securing work at British firms to launder cash for the Pyongyang regime.

The Office of Financial Sanctions Implementation (OSFI) said the workers often do this by posing “as freelance third-country IT workers”.

Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!

Latest article