Articles

Featured Articles

AML Roundup: EMMA 9 leads to arrest of more than 1000 people for money laundering – BoE to review AI use by finance firms – Gambling Commission raises terrorist financing risk level – Money Laundering, Fraud, Corruption, & Bribery – Regulation, Legislation and Sustainability – Gaming and Gambling – Crypto & Virtual Assets – Sanctions

Welcome to this week’s AML Roundup. Anti-money laundering news this week looks at the results of Europol’s money mule action operation (EMMA 9) which has led to the arrest of more than 1,000 people worldwide for money laundering. There’s news from PwC’s latest AML survey in Ireland which shows that… Read More

AML Roundup: Money laundering and organised crime – EBA extends AML/CFT controls to crypto service providers – FSB issues warning about complex crypto firms – Money Laundering, Fraud, Corruption, & Bribery – Regulation, Legislation and Sustainability – Gaming and Gambling – Crypto & Virtual Assets – Sanctions

Welcome to this week’s AML Roundup. Anti-money laundering news this week includes a detailed look at how organised crime operations rely on money laundering. The UK government plans to ban SIM farms to stop scammers and there’s a useful summary of AML policies, controls and procedures for solicitors. In a… Read More

AML Roundup: Binance CEO admits money laundering charges – Regulation in the age of AI – Creating a circular green economy – Money Laundering, Fraud, Corruption, & Bribery – Regulation, Legislation and Sustainability – Gaming and Gambling – Crypto & Virtual Assets – Sanctions

Welcome to this week’s AML Roundup. Anti-money laundering news this week has been dominated by Changpeng Zhao, now former CEO of the world’s largest cryptocurrency exchange Binance, who this week pleaded guilty to money laundering charges in the US. The company faces some of the largest fines ever to be… Read More
Welcome to this week’s AML Roundup. In our anti-money laundering news this week, the Basel AML Index is reporting an increase in the global money laundering/terrorist financing risk level, citing concerns in the effectiveness of systems designed to fight organised crime and corruption. The EU Commission has published… Read More
Welcome to this week’s AML Roundup. In our anti-money laundering news this week, the FCA is demanding banks do more to stop authorised push payment fraud and that they treat victims better. There’s an interesting article on how to submit a high-quality Suspicious Activity Report (SAR) and in… Read More
Welcome to this week’s AML Roundup. In our anti-money laundering news this week, the FATF has updated its black and grey lists highlighting countries of concern over their AML practices. There’s an increasing focus on AML regulation in the legal and accounting industries with RUSI publishing their AML… Read More
Welcome to this week’s AML Roundup. In our anti-money laundering news this week, FATF announces the removal of Switzerland from its enhanced AML scrutiny regime, Germany proposes a fresh strategy to combat money laundering and the SRA proposes to be the sole AML supervisor for the UK Legal… Read More
Welcome to this week’s AML Roundup. In our anti-money laundering news this week, there is a call for clearer rules on the European Commission’s AML package proposal. The RBI (Reserve Bank of India) has revised it’s KYC guidelines and a report from the Solicitors Regulation Authority show that… Read More
Welcome to this week’s AML Roundup. In our anti-money laundering news this week, the newly appointed director of the US regulator FinCEN speaks about the priorities for the organisation. Kenya takes on leadership of the regional AML body for East Africa and the former central bank governor of… Read More
Welcome to this week’s AML Roundup. In our anti-money laundering news this week, the accountancy supervisory body the AAT, publishes its annual report on money laundering. Several regulatory bodies have made their voices heard as part of HM Treasury’s consultation call for AML regulation in the accountancy and… Read More
Welcome to this week’s AML Roundup. In our anti-money laundering news this week, a new report highlights the AML protections needed to combat the illegal trade in wildlife. There’s news on the FATFs latest report on Luxembourg and how Jersey is currently being visited by AML assessors from… Read More
Welcome to this week’s AML Roundup. In our anti-money laundering news this week, we have an interesting article on the lessons MLROs should take from the FCA’s recent fine of an MLRO. The fallout from the Singapore money laundering scandal continues as the total value of assets seized… Read More
Welcome to this week’s AML Roundup. In our anti-money laundering news this week, Europol issues its first ever financial crime report. It goes into detail about the scale and extent of how criminals are using financial crime within the EU. There’s also a useful summary of international corruption… Read More
Must Read