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NEWS: FATF says ‘cash is king’ in latest report on migrant smuggling; global financial watchdog warns of new ‘business models’ in industry
BNY Mellon handed €10M fine by Central Bank of Ireland over 16 regulatory breaches
NEWS: EBA finds competent authorities co-operation with FIUs ‘often ineffective’ and hampering Europe’s AML abilities
NEWS: Sanctioned UK-based oligarch claims he’s put billions in assets beyond reach by using family trusts
NEWS: European Central Bank appoints temporary administrator to Russia linked Cyprus RCB Bank
EU NOTEBOOK: Why Malta is set to come off FATF ‘grey list’ ; how war is pushing Europe’s BO Register; and German plans to host AMLA look premature
Head of Latvian FIU says AML is ‘no longer just a matter of financial integrity’ and says new EU AML package and AMLA are ‘critical building blocks’ in the right direction
NEWS: Chief of France’s FIU (TRACFIN) believes EU’s new AML package provides ‘considerable’ improvement
Regulators monitor crypto usage by Russia to evade Western sanctions
FATF President calls for further information sharing between public and private sector warning criminals ‘exploit information gaps’; says EU’s high-risk country risk is ‘harming FATF’s authority’






