Mexican President Claudia Sheinbaum holds a press conference to announce response to U.S. tariffs, at National Palace in Mexico City, Mexico March 4, 2025 REUTERS/Raquel Cunha
CLAUDIA Sheinbaum, the Mexican President, has said a proposed 3.5% tax on remittance payments from the U.S. is ‘unfair’.
The charge would apply to money sent from the U.S. to other countries by non-U.S. citizens. The proposed measure is part of the ‘Big Beautiful Bill’.
Subscribe now to have unlimited access
With our membership 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!
392 stolen vehicles recovered in Project NoCargo pilot, valued at $28 million
The Royal Canadian Mounted Police
The Royal Canadian Mounted Police (RCMP) working in close collaboration with INTERPOL Ottawa, the Canada Border Services Agency (CBSA), the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), and Canadian financial institutions, have prevented the export of hundreds of vehicles obtained through fraudulent means as part of a pilot project launched last year.
Project NoCargo was launched in June 2025 by the RCMP’s Federal Policing Criminal Operations – Financial Crime (FPCO FC) program, assisted by INTERPOL Ottawa, with the goal of investigating suspicious vehicle exports. One year later, Project NoCargo continues to deliver real results in the fight against auto theft and financial crime.
Syrian migrant smugglers arrested in coordinated strike in Germany and Serbia
europol
A coordinated international operation has dealt a significant blow to two international migrant smuggling networks with close links to Libya and the Western Balkans, leading to the arrest of three High Value Targets in Germany and Serbia.
This follows several years of intensive and extensive investigations led by the German Federal Police under the direction of three Bavarian Public Prosecutors’ Offices.
The action day, carried out on 5 August 2026, brought together authorities from Germany and Serbia under the framework of an Operational Taskforce coordinated by Europol. Investigators targeted senior members of two interconnected Syrian criminal networks believed to have organised the smuggling of more than 900 migrants into the European Union.
Update to UK Sanctions List: Russia Regime
UK Government
Today, Thursday 6th August, the UK Government has designated the following individual and 12 entities, and specified the following 6 ships, under the Russia (Sanctions) (EU Exit) Regulations.
Designated Individual: