Anti-Fraud & Financial Crime
Regulatory Intelligence Incorporating 'Fraud Squad'

News, Sanctions, UK

NEWS: Calls for overhaul of UK sanctions regime as it’s revealed daughter (8) of sanctioned Kremlin insider owns £2.3M home; widespread evasion revealed

Premium March 9, 2023

SANCTIONS REFORMS: The London Times newspaper today reported that the Russia sanctions regime in Britain is at risk of ‘falling to pieces’ Senior politicians demanded action to stiffen the rules after an investigation by The Times and Transparency International revealed details of property owned by families of sanctioned oligarchs. PHOTO: Screenshot of how the newspaper reported the matter Thursday.

Premium

EUROPEAN NOTEBOOK: AMLA chief heads to Washington to gauge US intentions on standards and sanctions

 Premium

NEWS: US targets 41 companies linked to Cambodia’s Prince Group in fresh sanctions

 Premium

NEWS: FINRA fines Webull $4.2 million over AML failures, including scenic photos used as ID

By AML Intelligence Correspondent

THE EIGHT-year-old daughter of one of Vladimir Putin’s former regional governors owns a £2.3 million flat in Kensington, it’s been revealed today.

The disclosure was amongst several around Russian sanctions evasion revealed by media and Transparency International (TI).

AML Intelligence
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!

View subscription optionsIf you have an account, log in
Premium

EUROPEAN NOTEBOOK: AMLA chief heads to Washington to gauge US intentions on standards and sanctions

 Premium

NEWS: US targets 41 companies linked to Cambodia’s Prince Group in fresh sanctions

 Premium

NEWS: FINRA fines Webull $4.2 million over AML failures, including scenic photos used as ID

Regulatory Watch News

  • Combating End-to-End Illicit Financial Flows Linked to Scam Compounds: Applying the FATF Toolkit to the Fraud Epidemic

    FATF

    Scam compounds are networked, industrialised and transnational criminal infrastructures that may operate through large physical compounds, smaller or decentralised cells, and specialised service providers connected through common controllers, financial infrastructure and operational dependencies. The FATF’s report, Combating End-to-End Illicit Financial Flows Linked to Scam Compounds has examined scam compounds through a financial flows lens, tracing how criminal proceeds are generated, moved, laundered and reinvested.

  • Germany: Individual arrested over €1.1 million fraud involving subsidies for renovation of historic buildings and suspected arson

    European Public Prosecutor's Office

    (Luxembourg, 6 November 2026) – At the request of the European Public Prosecutor’s Office (EPPO) in Berlin (Germany), an individual was arrested this week on suspicion of fraudulently obtaining over €1.1 million in EU subsidies intended for the renovation of two historic buildings. He is also suspected of deliberately setting fire to one of the buildings in an attempt to conceal the alleged fraud. The arrested suspect was the representative of two non-profit associations based in the German federal state of Saxony-Anhalt. He applied for and received EU subsidies from the European Regional Development Fund (ERDF), totalling €1 126 299, for the renovation of two historic buildings, including energy-efficiency improvements. The buildings were intended for cultural activities, following their renovation.

  • Treasury Targets Global Scam Networks and the Corporate Infrastructure That Enables Them

    OFAC

    WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned four individuals and 41 entities that support the business network of Prince Group Transnational Criminal Organization (TCO) previously sanctioned by the United States for its role in cyber-enabled fraud, money laundering, and human trafficking.  Additionally, OFAC designated a Malaysian individual who defrauded U.S. victims by managing a network of Africa-based scammers.

Sign Up To Our Newsletter

Contact Us