Anti-Financial Crime & Financial Crime Compliance
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NEWS: Baltic FIUs warn Lithuania’s fintech boom fuels money laundering risk

Premium May 21, 2026

File photo shows passersby walk past Lithuania's central bank office in Vilnius.

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NEWS: US sanctions Sinaloa cartel cash-to-crypto laundering operation

NEWS: ‘Collared’ fincrime podcast goes global with downloads in 45 countries

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NEWS: EP blocks fraud probe on German MEP, EPPO says

By CARLO BOFFA, EU Correspondent LITHUANIA’s thriving fintech scene is luring users from neighbouring countries, but it is also increasing the risk of criminals using the country to launder their money, the three Baltic Financial Intelligence Units said. Latvia and Estonia, which underwent painful financial clean-ups following high-profile money laundering scandals in the 2010s, have…

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Premium

NEWS: US sanctions Sinaloa cartel cash-to-crypto laundering operation

NEWS: ‘Collared’ fincrime podcast goes global with downloads in 45 countries

 Premium

NEWS: EP blocks fraud probe on German MEP, EPPO says

Regulatory Watch News

  • Interprovincial drug investigation leads to largest illicit drug seizure in Manitoba history, 33 individuals arrested: R24-1098/R25-2397

    FINTRAC

    In May 2024, the Winnipeg Police Service’s Organized Crime Unit (OCU) commenced an investigation regarding an organized network of individuals that were importing large quantities of cocaine, methamphetamine, and fentanyl into the city of Winnipeg. The drugs were then distributed throughout the Province of Manitoba and Northwestern Ontario. Investigators determined that the network was comprised of individuals with international ties associated to the upper echelon of Organized Crime in Canada including the Hells Angels, Wolfpack Alliance, and the Mexican Cartel. This organization was shown to exert significant control over the distribution of illicit commodities within Manitoba and other provinces.

  • Czechia: Two convicted of fraud involving childcare services

    European Public Prosecutor's Office

    (Luxembourg, 21 May 2026) – An individual and an association were convicted today by the Regional court in Ostrava (Czechia), branch office of Olomouc, for fraudulently obtaining €200 000 (CZK 5 million) in EU funds for the provision of childcare services, following an investigation by the European Public Prosecutor’s Office (EPPO) in Zlín (Czechia).  The verdicts were the result of an agreement on guilt and punishment (a plea bargain), as the defendants pleaded guilty to all charges.

  • Scam alert related to banks

    HKMA

    The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to the press release issued by the bank listed below relating to fraudulent websites, internet banking login screens, phishing emails or other scams, which has been reported to the HKMA.  Hyperlink to the press release is available on the HKMA website.  

           Bank        Type of Scam
    Bank of China (Hong Kong) Limited Fraudulent mobile application (App)
     

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