NEWS: FIUs in Switzerland, Italy and Vatican City discuss vIBANs ML risks

Regulatory Watch News

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  Update to UK Sanctions List: Libya Regime

  UK Government

  June 26, 2026

  Today, Friday 26 June, the UK Government has revoked the following entity under the Libya sanctions regime. Revoked Entity:

  Name:	Unique ID:
  LIBYAN ARAB AFRICAN INVESTMENT COMPANY	LIB0001

   

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  Italy: One suspect pleads guilty in yacht import customs fraud case, another indicted

  European Public Prosecutor's Office

  June 26, 2026

  (Luxembourg, 26 June 2026) – The European Public Prosecutor’s Office (EPPO) in Venice (Italy) has filed an indictment against a suspect in a case involving the fraudulent import of a yacht from Australia without declaring the ship to customs, in order to evade payment of VAT. Another suspect has entered into a plea agreement, subject to approval by the court. The case concerns suspected aggravated smuggling, relating to the failure to submit a customs import declaration for a sailing yacht, a multiple winner of international regattas. Based on the investigation, it appears that the offence has been committed jointly by a skipper based in Trieste, who imported the ship, and the director of an Australian company, the owner of the yacht in question.

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  ClickFit: Investment Scams

  Australia Federal Police

  June 26, 2026

  Being ClickFit helps you make safe investment decisions online.

  Investment scams are designed by criminals to steal money, often through fake stock platforms, celebrity endorsements, or cryptocurrency schemes. Scammers typically promise high returns with little risk and rely on urgency because the faster you act, the faster they can take your money. This is why being ClickFit is so important to help Australians invest safely and recognise the warning signs of investment scams.