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Von der Leyen appoints European Commissioner Mairead McGuinness to head up bloc’s AML drive

Visa to answer questions from European Commission over regulation of FinTechs

Former Venezuelan official turns himself in to US authorities over Billion dollar money laundering investigation

US Justice Department seeks $400 Million from OneCoin Money Launderer

Switzerland freezes $900 Million linked to Angolan businessman in money laundering probe

German Parliament to launch full inquiry into Wirecard

Trillions estimated to be lost from poorer countries by 2030

New EU-wide AML system is needed to co-ordinate national supervisors – European Commission FinCrime chief interview

MONEYVAL’s recommendations on Czech Republic and Lithuania published

UK’s Financial Regulator publishes new financial crime reporting requirements

United States seize hundreds of cryptocurrency accounts associated with North Korean hackers

EU putting Caribbean islands on AML lists is ‘economic warfare’ claim

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Treasury Targets Flotilla Organizers and Muslim Brotherhood Networks Supporting Hamas
OFAC
May 19, 2026
WASHINGTON—Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is taking action against four individuals associated with the pro-Hamas flotilla organized by the U.S.-designated Popular Conference for Palestinians Abroad (PCPA) that is attempting to access Gaza in support of Hamas. OFAC is also taking action against key actors operating within Hamas-aligned Muslim Brotherhood networks. Hamas relies on a diverse web of international partners to expand its malign political influence, facilitate violent terrorist activity, and undermine international efforts to achieve lasting peace in Gaza.
Deutsche Bank AG Penalty
OFSI
May 19, 2026
OFSI has imposed a £165,000 monetary penalty on Deutsche Bank AG London Branch (DBLB) for breaches of the Russia financial sanctions regime.

Between June and July 2022, DBLB processed two payments totalling £635,618.75 to an entity wholly owned by a designated person.

This is the second OFSI monetary penalty case resolved through settlement, demonstrating how proportionate and effective enforcement outcomes can support the rapid communication of compliance lessons to industry.
201 arrests in first-of-its-kind cybercrime operation in MENA region
Interpol
May 19, 2026
SINGAPORE – A first-of-its-kind cybercrime operation in the MENA region has led to the arrest of 201 individuals, with a further 382 suspects identified. Thirteen countries from the Middle East and North Africa took part in Operation Ramz (October 2025 – 28 February 2026) which aimed to investigate and disrupt malicious infrastructure, identify and arrest suspects, and prevent future losses. The operation focused on neutralizing phishing and malware threats, as well as tackling cyber scams that inflict severe cost to the region. In addition to the arrests made, 3,867 victims were identified, and 53 servers were seized. Operation Ramz marked a milestone as the first cyber operation of its scale coordinated by INTERPOL in the MENA region. During this effort, nearly 8,000 pieces of crucial data and intelligence were disseminated among participating countries to initiate and support investigations.