Tag: Russia

Page 1/23

Premium

NEWS: UK fines Sabre Global Technologies record £1m for Russia sanctions breach

OPINION: Why banks need guidance on Russian sabotage financing

Premium

NEWS: Russia sanctions 17-year-old schoolboy for exposing crypto money laundering

Premium

INSIGHT: Why FTI Consulting will pay $1.05m after an ‘apparent’ Russia sanctions breach

AML Bitcoin CEO convicted of $2M fraud and money laundering scheme

NEWS: UK blacklists HTX crypto exchange over Russia support in sanctions crackdown

LATEST: Deutsche Bank fined £165,000 for breaching Russia sanctions

Premium

NEWS: Swiss police target sanctions evasion network linked to Russian businessmen

Premium

NEWS: EU to adopt 20th sanctions package against Russia

Premium

LATEST: US Treasury warns of rise in ‘sham transactions’ to bypass sanctions

BREAKING: UK fines Apple for breaching Russia sanctions

Premium

INSIGHT: The importance of AML consistency amid rapidly shifting global sanctions

Premium

INSIGHT: LVMH still operating hotel in Russia that serves sanctioned clients

...

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.