Anti-Fraud & Financial Crime
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NZ bank faces court battle with Reserve after repeated failure to deal with AML shortcomings

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NEWS: Forward Global appoints three investigations specialists in London

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LATEST: FCA using AI to automate AML supervision for 60,000 firms

By Dan Byrne for AMLi

One of the oldest banks in New Zealand is under fire from officials, who are saying that parts of its AML/CFT framework is not up to scratch.

The Reserve Bank of New Zealand (the country’s central bank) today filed statement in the NZ High Court against TSB Bank for breaches of the country’s 2009 laundering legislation.

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NEWS: Forward Global appoints three investigations specialists in London

NEWS: How are firms investing in AI for financial crime compliance? Take our 10-minute survey for exclusive insights

 Premium

LATEST: FCA using AI to automate AML supervision for 60,000 firms

Regulatory Watch News

  • Hennie Verbeek-Kusters highlights the importance of prevention in AML/CFT at International Anti-Financial Crime Summit

    AMLA

    AMLA Executive Board Member Hennie Verbeek-Kusters delivered a keynote speech at the International Anti-Financial Crime Summit in London in October 2026.

    AMLA Executive Board Member Hennie Verbeek-Kusters spoke today at the International Anti-Financial Crime Summit in London, highlighting the role of prevention in strengthening the effectiveness of the AML/CFT framework. She stressed the importance of bringing together supervision, FIU cooperation and risk analysis to strengthen the EU's capacity to anticipate threats, understand how criminal networks exploit weaknesses in the financial system and support more effective interventions.

  • Evaluation visit to Cyprus under GRECO’s Sixth Round

    GRECO

    A delegation of four GRECO evaluators from Armenia, Germany, Norway and Romania, together with two members of the Secretariat, visited Cyprus from 12 to 16 October 2026 to conduct the on-site evaluation under GRECO’s Sixth Round, which focuses on preventing corruption and promoting integrity at the subnational level. The municipality of Nicosia, the capital, and the District Local Government Organisation of Larnaca volunteered to participate in this evaluation. During the visit, the delegation met with numerous authorities and stakeholders from central and oversight bodies, subnational governing bodies and public administration.  It also held discussions with civil society organisations, media representatives and academics.

  • MAS Announces Finalists for the 2026 Global FinTech Hackcelerator and FinTech Excellence Awards

    MAS

    Singapore, 19 October 2026… The Monetary Authority of Singapore (MAS) announced today the 42 finalists for the 2026 Global FinTech Hackcelerator and the Singapore FinTech Festival (SFF) FinTech Excellence Awards. The winners will be revealed at the SFF FinTech Excellence Awards 2026 dinner on 19 November 2026.

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