Category: Financial Services

Page 33/104

RECRUITMENT: We gauge the temperature on hiring for compliance teams in the UK and Ireland

ANNOUNCEMENT: ID-Pal is the Headline Sponsor of ‘European Anti-Financial Crime Summit 2024’ in Dublin on May 16

Premium

NEWS: FinCEN Director Gacki encourages transparency in the US financial system during international AML conference

Premium

NEWS: Swiss regulator identifies money laundering shortcomings in country’s banks

Premium

NEWS: German financial regulator fines Deutsche Bank €50K

INSIGHT: How to combat money laundering in international controller networks with decision intelligence

FinCEN

NEWS: FinCEN ruling on CDD for designated beneficiaries of Individual Retirement Accounts

Premium

NEWS: Money laundering lawyer jailed for three months in UK

Premium

NEWS: Munich prosecutor opens AML investigation into collapse of Signa property empire

NEWS: Law enforcement, banking chiefs to meet at ‘PPPs in FinCrime & Asset Recovery’ Rountable at ‘European Anti-Financial Crime Summit 2024’

INSIGHT: EU’s new rules on beneficial ownership transparency on foreign legal entities and trusts

INSIGHT: Reasons Europe’s football clubs are set to become obliged entities

...

...

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.