Category: Financial Crime

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US and Panama to join forces for AML task force

Commerz bank warned by Bafin of Wirecard money laundering risks

Money laundering cases jump by 50pc in Germany

Global banks fined $5.6 Billion for AML failings

UK Police seize cryptocurrency worth £115,000 in Covid scam

Brother of Malta’s top civil servant charged with money laundering

German authorities raid home and business linked to Russian criminals

German Financial Intelligence Unit under fire to failures to report Wirecard

FIMbank hit with €168,942 fine over failings in AML regime

New law proposed in Malta to recover assets from “dirty money”

VP of Phoenix Thoroughbreds resigns over money laundering allegations

Interactive Brokers to shell out $38 Million for inadequate AML regime

Wirecard scandal will result in EU overhaul of financial supervision

...

OFSI Webinar: Civil Enforcement Processes – Updated Guidance
OFSI
February 19, 2026
OFSI is pleased to invite you to our webinar on Tuesday 3 March, 14:00-15:00, covering the recently published consultation response on improving civil enforcement processes for financial sanctions. Feedback from this consultation has informed a strengthened enforcement framework, and OFSI updated its guidance on 9 February 2026 to reflect these enhancements. The guidance can be found here.
103 arrests and 36 labs dismantled in strike against synthetic drug network
Europol
February 19, 2026
Between 12 and 17 February 2026, Europol supported law enforcement authorities in Ukraine, Poland, and Moldova in a joint operation against an international criminal network involved in the production and trafficking of synthetic drugs, primarily synthetic cathinones such as alpha-PVP. The action day saw the Ukrainian National Police and the Polish Police Central Bureau of Investigation conducting coordinated checks at approximately 510 locations. Law enforcement officers dismantled 36 illicit production sites and 74 storage facilities for ready-to-distribute drugs. A total of 129 persons faced criminal charges, 103 persons were taken into custody.
Italy: EPPO dismantles criminal group behind €1.4 million agricultural funding fraud
European Public Prosecutor's Office
February 19, 2026
(Luxembourg, 19 February 2025) – The European Public Prosecutor’s Office (EPPO) in Palermo (Italy) has taken down a criminal organisation involved in agricultural funding fraud in Sicily, alleged to have caused an estimated damage of more than €1.4 million. One suspect was arrested this week and five others were put under coercive measures, while assets were also seized.