NEWS: Crypto exchange BitMEX fined $100M for ‘ignoring AML laws to boost revenue’

Regulatory Watch News

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  Order subject to penalty on IDSG for failing to comply with demand for information

  DNB

  February 5, 2026

  De Nederlandsche Bank N.V. (DNB) has imposed an order subject to penalty on IDSG Group B.V. (IDSG). This is because IDSG failed to fully comply with DNB’s demand for information.To determine whether IDSG invited repayable funds from the public in non-compliance with Section 3:5 of the Financial Supervision Act (Wet op het financieel toezicht – Wft), DNB repeatedly requested – and most recently demanded – that IDSG provide information. When IDSG failed to respond to the demand, DNB determined that IDSG had not met its statutory obligation to cooperate under Section 5:20(1) of the General Administrative Law Act (Algemene wet bestuursrecht – Awb). DNB accordingly imposed an order subject to penalty on IDSG on 3 September 2025, giving the institution 10 business days to comply with its information request.

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  AMLA sets strategic priorities with 2026-28 Single Programming Document

  AMLA

  February 4, 2026

  AMLA's Single Programming Document for 2026-2028, published today, is the Authority's first multi-year plan, setting out priorities and timelines as it moves from foundation to delivery. It contains AMLA’s work programme and provides a roadmap for the market. The SPD gives an overview of scheduled mandates for 2026 and AMLA’s strategic objectives across three core deliverables: completing the Single Rulebook, advancing supervisory convergence, and strengthening cooperation among Financial Intelligence Units.

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  Lithuania: Court of Appeal confirms convictions in cigarette smuggling scheme from Belarus

  European Public Prosecutor's Office

  February 4, 2026

  (Luxembourg, 4 February 2026) – The Court of Appeal of Lithuania has upheld the convictions of two former Lithuanian customs officers, as well as two Belarusian citizens, for the smuggling of large quantities of cigarettes from Belarus, confirming the lower court’s judgement and dismissing the defendants’ appeals. The customs officers’ conviction for abuse of office was also upheld.