EU/Europe, North America, Regulatory, UK, US
NEWS: UK Chancellor Rachel Reeves sends ‘best wishes’ for ‘International Anti-Financial Crime Summit 2024,’ London, October 9
NEWS: Criminal investigations into bankers undermine AML efforts, says Rabobank’s AFC chief
Banking, Financial Services, Fraud
PremiumNEWS: Revolut calls for Meta to share UK scam compensation costs, new rules come into force October 7
NEWS: Canada’s banking regulator signals tighter AML focus after TD Bank disaster
NEWS: Citigroup finally cleared by U.S. Fed in 11 year old AML enforcement case
aml, Banking, Regulatory, UK
PremiumNEWS: New powers will let British banks freeze suspected fraud transactions for up to 72 hours
NEWS: Father-son duo unveiled as Evil Corp hackers who have stolen $300M
aml, Banking, Compliance, UK
PremiumANALYSIS: Starling Bank an appalling AML vista – how could an active board preside over such reckless AFC policies?
aml, Banking, Compliance News, Financial Crime
PremiumLATEST: Starling Bank fined £29M for ‘shockingly lax’ AML processes; left UK financial system ‘wide open to criminals, those subject to sanctions’
NEWS: Eurojust sets up European network of prosecutors to fight Latin American cocaine trafficking
aml, Crypto, EU, Financial Crime, US
PremiumNEWS: Dutch FIU seizes €7M in takedown of Russia-linked crypto exchanges PM2BTC and Cryptex
NEWS: UBS fails in bid to shake off Credit Suisse money laundering case – report
Asia-Pacific, Financial Crime, Fraud
PremiumINSIGHT: Thousands trafficked to Southeast Asia and forced to run ‘pig butchering’ scams
Compliance, Compliance News, Financial Crime
PremiumNEWS: FATF President – police have to seize stolen funds before criminals move them
Banking, EU, Financial Services
PremiumNEWS: Rabobank ready to cut some external compliance workers, AFC chief signals
aml, Banking, Financial Crime, Fraud
INTERVIEW: ‘Globally, the anti-financial crime system is ineffective’ – Rabobank’s AFC chief Philippe Vollot
Compliance, Compliance News, Regulatory, UK
PremiumNEWS: Watchdog boss predicts comeback in ‘plea bargains’ for UK firms to settle fraud cases
AML, EU/Europe, Featured Article, Financial Crime, News, Schuman, US
RIP: Tributes pour in for senior detective who led international investigation which saw Kinahan cartel sanctioned
AML, Banking, Canada, Compliance, Financial Crime, News, North America, Regulatory, US
PremiumNEWS: TD Bank to enter formal guilty plea for failing to curb ML by China fentanyl trafficking crime groups
AML, Crypto, News, Regulatory
NEWS: Binance founder Zhao released from four-month jail term for money laundering
LATEST: New York mayor Eric Adams pleads not guilty to accepting Turkish bribes in landslide case
NEWS: Visa buys AI-driven fraud prevention firm Featurespace in reported $935m deal
NEWS: US sanctions cryptocurrency networks PM2BTC and Cryptex to combat Russian money laundering
AML, Banking, CFT, Compliance, Financial Crime, News, Regulatory, UK
PremiumNEWS: Plan to ‘name and shame’ UK banks in AML probes grew into controversial ‘lightning rod,’ FCA admits
LATEST: Leader of failed Russian coup secretly shifted payments through HSBC and JPMorgan – report
Compliance, Compliance News, Fraud, UK
PremiumNEWS: HSBC pushes for tech firms to share £85,000 fraud compensation costs
aml, Compliance, Regulatory, UK
NEWS: None of 25 UK legal and accounting industry bodies ‘fully’ meet AML standards, FCA warns
NEWS: SAR from Dutch bank catches home care boss using public money to fund luxury lifestyle
Compliance News, EU/Europe, Regulatory
NEWS: Derville Rowland, deputy governor of Ireland’s Central Bank, emerges as a favorite for AMLA executive role
NEWS: FATF warns over India’s lack of money laundering prosecutions
NEWS: U.S. freezes $1.5 billion in overseas assets via FinCEN’s Rapid Response Program
BREAKING: Danske Bank pays $7M to settle final probe over Estonia money laundering scandal
NEWS: Banks warned of North Korean IT workers getting jobs at UK firms to launder cash
AML, Banking, Compliance, EU/Europe, Financial Crime, News, Regulatory
PremiumBREAKING: Swiss regulator seizes $15m from private bank Mirabaud over AML processes on $1.7 billion assets case
CONFIRMED: Maria Luís Albuquerque announced as EU financial services Commissioner, overseeing fincrime, AMLA
NEWS: Top European football clubs risk sanctions after trading with Russian teams
NEWS: ID-Pal and CLOWD9 enter Global Strategic Partnership to Revolutionise Payment Processing
aml, Financial Crime, Financial Services, UK
PremiumNEWS: UK as a money laundering hub: Estimated £100bn a year funnelled through the nation
AML, Canada, CFT, Featured Article, Insight, MEA, Middle East, Opinion, Schuman
OPINION: Why Egmont must be transparent and tell us rationale behind reported move to Qatar
AML, Banking, Canada, CFT, Financial Crime, Fraud, MEA, News
PremiumNEWS: Egmont Group considers moving training school staff from Canada to Qatar, unclear why Doha under scope
Banking, EU/Europe, Financial Crime
PremiumNEWS: Court confirms stunning downfall of Austria’s historic Meinl Bank over AML failures
AML, Compliance, Financial Services, News, Regulatory, US
LATEST: Wells Fargo agrees to take ‘comprehensive corrective actions’ on AML in agreement with U.S. OCC
AML, Analysis & Opinion, Banking, Compliance, EU/Europe, Financial Crime, Insight, Schuman
PremiumANALYSIS: Long shadow of Danske ensnared Bonnesen – guilty but hardly most culpable in Nordic rush to enable oligarchs
AML, Analysis & Opinion, Banking, Compliance, Financial Crime, Regulatory, Russia, Schuman
PremiumOPINION: Jailing of Swedbank’s Birgitte Bonnesen puts bank boards on notice – you must know your personal AML obligations or face the consequences
AML, Banking, Compliance, EU, Financial Crime, News, Regulatory, Schuman
Premium