Anti-Money Laundering

The proposed Art Market Integrity Act would subject art brokers to the same BSA reporting requirements as antiquities dealers, banks and other financial institutions.

IMF to publish GCD Assessment to identify structural reforms.Lender to analyse governance and corruption vulnerabilities.Govt intends to raise formal objections to the IMF's draft report.ISLAMABAD: The International Monetary Fun

Compliance Institute polled 110 compliance experts working primarily in Irish financial services organisations nationwide

Paxos agreed to pay a $48.5 million settlement to the New York State Department of Financial Services (NYDFS). The settlement is related to the digital

Wouter Moolenaar, global head of compliance and privacy at Jifiti, believes new regulations can spark a fresh era of European fintech success.

The Financial Crimes Enforcement Network today temporarily exempted investment advisers from a new rule requiring them to comply with Bank

The first licensed club group targeted by the nation's financial crimes intelligence agency is accused of turning over almost $140 million from 10 gamblers considered high risk of money laundering and terrorism financing.

Mogadishu, (SONNA) — The Office of the Attorney General of Somalia is currently handling over 250 cases related to money laundering and the financing of terrorism. As part of its efforts, the office has successfully dismantled several financial networks that terrorist groups were using to exploit and siphon funds from the Somali

The Nation Newspaper Money laundering: EFCC launches probe into real estates

The Vatican has once again found itself in the middle of a scandal. A new accusation claims Vatican financial leaders may have manipulated bank transfers to enable money laundering.

FinCEN has warned of surging fraud and money laundering via crypto kiosks, with U.S. victim losses exceeding $3.9 billion in 2024, up 31%, often targeting seniors in scams. Criminals exploit these machines for quick, anonymous transfers. Regulators urge stricter monitoring and KYC to curb risks and restore trust in cryptocurrency.

The United Kingdom’s Financial Conduct Authority fined Barclays 42 million pounds (about $56 million) for financial crime control lapses. The fine covers

The Federal Reserve, OCC, and FDIC warn banks that safekeeping bitcoin and other crypto-assets demands strong cybersecurity, operational expertise, and full legal compliance.

Mogadishu, (SONNA) — The National Committee for Combating Money Laundering and Countering the Financing of Terrorism (AML/CFT) held a high-level meeting today in Mogadishu, chaired by Somalia’s Minister of Finance, H.E. Bihi Iman Egeh. The committee, which includes representatives from the Ministries of Finance, Justice, Security, Commerce, Communications, NISA, the Financial Reporting

The SARB’s Prudential Authority has explained the apparent rise in sanctions against local and international banks operating in South Africa.

The Canadian government is looking to make substantial changes to the legislation around anti-money laundering and other illicit acts in a new legislative

Several payment institutions have been fined by Singapore’s financial regulator over anti-money laundering failures, including inadequate customer due diligence.

Liquidators of three 1MDB-related companies claim that Standard Chartered permitted more than 100 intrabank transfers that enabled massive fraud of Malaysia’s sovereign wealth fund.

Australia's financial crime watchdog ordered an external audit of Western Union Financial Services' local unit, after raising concerns over the money remitter's compliance with anti-money laundering and counter-terrorism financing (AML/CTF) rules. 

The sanctions announcement alleged the banks helped launder millions of dollars for drug cartels.

A global compliance push is quietly unfolding as FATF pressures jurisdictions to align crypto rules.

The Nation Newspaper FG, UNODC partner to tackle mineral terrorism, money laundering