UNDER SCOPE: Could Revolut be one of just 40 entities that come under direct supervision of AMLA? Our file photos shows Revolut founder and CEO Nik Storonsky
REVOLUT has announced a new AI model which it says will set the future standard or legal teams in financial institutions.
Tom Hambrett, the company’s Chief Legal Officer, said the new model, which is powered by Google’s Gemini’s technology, has already delivered enormous efficiencies.
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The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to the press releases issued by the banks listed below relating to fraudulent websites, internet banking login screens, phishing emails or other scams, which have been reported to the HKMA. Hyperlinks to the press releases are available on the HKMA website.
Bank
Type of Scam
The Bank of East Asia, Limited
Fraudulent websites and internet banking login screens
Shanghai Commercial Bank Limited
Fraudulent websites and internet banking login screens
Chong Hing Bank Limited
Fraudulent websites and internet banking login screens
Chiyu Banking Corporation Limited
Fraudulent websites and internet banking login screens
OCBC Bank (Hong Kong) Limited
Fraudulent websites and internet banking login screens
More than 1200 charged in Trans-Tasman illicit drug trafficking and organised crime operation
Australia Federal Police
Police and law enforcement agencies across Australia and New Zealand have charged 1203 people with 3339 offences and seized significant quantities of illicit drugs, firearms and cash during a national week of action targeting drug trafficking and organised crime.
The operation, conducted from 14-18 September, 2026, was coordinated by the Australia and New Zealand Illicit Drug Working Group (ANZIDWG). The week of action involved every Australian state and territory police agency, New Zealand police and customs, AFP, ABF, ACIC, AUSTRAC and Home Affairs.
Commission evaluation confirms OLAF Regulation remains broadly fit for purpose, with some room for improvement
European Public Prosecutor's Office
The European Commission has today adopted its evaluation of the OLAF Regulation, concluding that the legal framework governing OLAF remains broadly fit for purpose and enables OLAF to effectively protect the EU’s financial interests.
For citizens, this means that the rules underpinning OLAF’s work continue to provide a solid basis for detecting and investigating fraud, corruption and other irregularities affecting EU money.
The evaluation also identifies areas where the framework could be improved, including information exchange, cooperation with the European Public Prosecutor’s Office (EPPO), access to financial information and the follow up to OLAF’s financial recommendations.