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Mexico rallies in several areas of AML but DNFPBs remain a problem, new FATF report reveals

Malta

Politicians, Judges, and Heads of Public Companies identified as PEPs by Maltese FIAU in latest publication

Deutsche revamps internal AML structure in effort to boost its ability to tackle financial crime

Lithuania’s Central Bank revokes licence of FinTech linked to Wirecard scandal

Hiding in plain sight: The dark side of company registration and what it could be facilitating

EML Payments may face legal action amid suspicions that it ‘failed in its obligations’ to shareholders when AML concerns caused stock to tumble

India investigates crypto exchange Binance for ‘clear violation’ of AML rules

Irish police investigating bank employees after alleged cyber fraud, money laundering and links to criminal gangs

INSIGHT: Top Cyber police chief warns about risks of exploitation by crime gangs when allowing bitcoin to purchase luxury property and private jets

Charges brought against entertainer Pras and international fugitive Jho Low for trying to influence 1MDB probe

AUSTRAC PROBE: ‘They just sort of chucked me into it;’ Australian bank used casual workers in compliance roles, claim media reports

Wife of notorious ‘El Chapo’ pleads guilty to drug trafficking and money laundering

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Update to UK Sanctions List: Iran Regime
UK Government
October 12, 2026
Today, Monday 12 October, the UK Government has designated 2 individuals under the Iran Sanctions Regime. Designated Individuals:

Name: Unique ID:

Ruhollah BAZGHANDI IRN0282

Shahram Ali Reza Tamarzadeh JAKKI IRN0283
OFSI issues General Licence for Ground Rent and Service Charge Payment
OFSI
October 12, 2026
The General Licence permits designated persons (DPs), or persons acting on their behalf, to make payments to a UK bank account held by a landlord, managing agent, or a person acting on behalf of a landlord for ground rent, service charges and certain late payment fees relating to an eligible lease of a relevant property in England or Wales. The General Licence also permits landlords, managing agents and persons acting on their behalf to receive such payments and, where applicable, transfer funds to a superior landlord or hold overpayments as credit towards future liabilities.
Investigation ‘Hermes’: 62 detained in probe into €410 million VAT carousel fraud involving mobile phones
European Public Prosecutor's Office
October 12, 2026
The European Public Prosecutor’s Office (EPPO) has conducted searches in eight countries and detained 62 suspects in a probe against criminal organisations suspected of operating a carousel VAT fraud selling mobile phones and electronic devices. The criminal scheme under this investigation, code-named ‘Hermes’, caused an estimated damage of at least €410 million in VAT losses to several EU Member States. Over 300 searches took place today in Austria, France, Germany, Italy, Malta, the Netherlands, Portugal and Spain, at the suspects’ homes and offices of companies belonging to the organised crime group, as well as tax advisers, lawyers and transport companies. In addition, 62 suspects were detained in Portugal (39), Spain (20) and Italy (three).