Category: Banking

Page 84/86

New research sheds light on using Bitcoin as a laundering channel

FinCEN files ‘a blessing in disguise’ for law-reform advocates

Malaysia’s reputation suffers as FinCEN files reveal laundering trails

Hong Kong makes reassurances following FinCEN files release

JPMorgan allegedly helped Russian mafia launder funds – FinCEN leak

Swedbank reveals it is under fresh investigation for ‘suspected breaches of the regulation on market abuse’

Nasdaq launches AI system in AML fight

US plans major update to AML rules to ensure financial institutions have ‘effective and reasonably designed anti-money laundering program’

Leaked EU proposal calls for bloc-wide crypto asset regulations

Philippe Vollot tackles financial crime

How Danske responded to Estonia money laundering scandal, including doubling Compliance team – Deutsche veteran Vollot on leading the change

Gamblers using online shopping to launder billions in China

Brazil’s ex-president faces fresh R$4 million laundering charge

...

The Commission on Narcotic Drugs (CND) Vienna, Austria, 9 – 13 March 2026
UNODC
March 10, 2026
The Commission on Narcotic Drugs (CND) was established by Economic and Social Council (ECOSOC) resolution 9(I) in 1946, to assist the ECOSOC in supervising the application of the international drug control treaties. In 1991, the General Assembly (GA) expanded the mandate of the CND to function as the governing body of UNODC (A/RES/46/104). The CND's agenda has two distinct segments: a normative segment for discharging treaty-based and normative functions; and an operational segment for exercising the role as the governing body of UNODC.
Publication of UK Government’s strategic approach to sanctions enforcement
UK Government
March 10, 2026
Today, we have published an overview of the UK Government’s approach to enforcing breaches of UK sanctions. This follows the cross-government review of sanctions implementation and enforcement, which concluded that, ‘a cross-government strategy on enforcement will assist industry to understand the range of non-compliance and possible enforcement consequences’. The document sets out key enforcement principles, emphasises the importance of strong compliance and outlines the potential consequences of non-compliance. It also summarises the roles of key government departments, regulators and enforcement bodies
Proposed update to Travel Rule Code
Isle of Man Financial Services Authority
March 10, 2026
Amendments are being proposed to the Island’s anti-money laundering and countering the financing of terrorism (“AML/CFT”) framework in relation to Virtual Asset Service Providers (“VASPS”). The Isle of Man Financial Services Authority (“the Authority”) is working in conjunction with the Department of Home Affairs to update the existing Travel Rule (Transfer of Virtual Assets) Code 2024 (“the Travel Rule Code 2024”). The amendment to the Travel Rule Code 2024 will be made through the Travel Rule (Transfer of Virtual Assets) (Amendment) Code 2026, which is being laid before the March sitting of Tynwald.