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INSIGHT: Louis Vuitton in Netherlands under investigation for not flagging €3m in luxury purchases just under €10K red flag sent to China

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NEWS: FINRA seeks Morgan Stanley’s org charts, reporting lines, risk scoring tools in major EDD probe; focus on PEPs

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LATEST: Wolfsberg Group updates advice on delivering effective, proportional Risk Based Approach (RBA) for banks

INSIGHT: FinCEN postpones SARs for investment advisors deadline, to ‘revisit’ scope of IA AML Rule

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NEWS: Britain’s NCA and FCA identify ML suspect countries and scam centres among top 9 FCC priorities

TECH: Nasdaq Verafin launches Agentic AI ‘digital workers’ for sanctions screening and EDD

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INSIGHT: What is tokenization – and is it crypto’s next big thing?

NEWS: Trumps signs GENIUS Act regulating stablecoins, loopholes in law risk making US haven for dirty money

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NEWS: EU cuts off 20 more Russia banks from SWIFT system, also face full transaction ban

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OPINION: AMLA has the tools – now it must make an impact, even while building out the agency

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NEWS: Two former bank chiefs jailed for up to seven years and fined total of €42 million in Andorra ML case; 16 executives receive prison time, fines

NEWS: Two arrested, seven crypto ATMs seized in London in money laundering probe

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AMLA finalises common formats for FIU cooperation and reporting to the EPPO
AMLA
July 3, 2026
Better reporting to the EPPO
Two of the standards set a single format for reporting to the EPPO, the body that investigates and prosecutes crimes against the EU's financial interests. One covers how FIUs report the results of their own analyses, the other how AMLA reports joint analyses. A shared, machine-readable template will allow the EPPO to receive complete, comparable information it can process automatically.
MAS Partners Industry to develop Safeguards for AI Agents in Finance
MAS
July 3, 2026
Singapore, 3 July 2026… The Monetary Authority of Singapore (MAS), together with leading financial institutions and FinTechs, today published an industry white paper on developing safeguards for AI agents in Finance. Titled “Safeguards for Agentic Finance at Runtime (SAFR) ”, the paper proposes an industry-developed framework that enables AI agents in financial services to carry out financial tasks safely, securely and reliably. SAFR is developed under MAS’ BuildFin.ai^[1] initiative, which supports the responsible development and deployment of AI solutions in the financial sector.
AUSTRAC finalises enforceable undertaking with Sportsbet
Austrac
July 3, 2026
AUSTRAC has finalised its enforceable undertaking with Sportsbet Pty Ltd (Sportsbet) after the company addressed serious deficiencies in its anti-money laundering and counter-terrorism financing (AML/CTF) controls. AUSTRAC CEO Brendan Thomas said the outcome reinforces AUSTRAC’s expectation that reporting entities take immediate and sustained action to meet their legal obligations. “When AUSTRAC identifies systemic weaknesses in a reporting entity’s AML/CTF controls, we will take enforcement action to ensure those issues are addressed,” he said. “Sportsbet was required to undertake significant remediation to uplift its systems, controls and governance. AUSTRAC is now satisfied those requirements have been met.