Anti-Money Laundering

Nasdaq Verafin has released its new report, Financial Crime Insights: Europe, that takes a deeper dive into the scale of financial crime across Europe.

Karim Souaid will work to restructure the banking sector after the worst economic crisis in the country’s history.

Revolut has been fined EUR 3.5 million by Lithuania's central bank for deficiencies in its anti-money laundering (AML) procedures.

"As we work toward realising the ECOWAS Vision 2050, tackling corruption and illicit financial flows (IFFs) is essential to achieving sustainable development and regional stability."

Vanuatu has passed laws for a crypto licensing and regulation regime, which a regulatory consultant told Cointelegraph were “very stringent” to wave off bad actors.

On Monday, February 24, 2025, the U.S. Attorney’s Office for the Southern District of New York (the “SDNY”), in conjunction with the FBI

Expert says government tolerates money laundering because it boosts real estate, banking, and tax revenues

The return of Donald Trump to the White House signals dramatic shifts in sanctions policy and anti-money laundering enforcement priorities.

BAKU, Azerbaijan, March 11. The lack of banking
and monetary exchange between Iran and other countries has emerged
as one of the m

With all the AI hype swirling around, you'd think someone would've cracked this one already

This year is Anti-Money Laundering year for registered investment advisers. FinCEN promulgated the Investment Adviser Rule. With the Bank Secrecy Act now applicable to registered investment adviser…

The Nation Newspaper Police arrest 179 individuals over alleged laundering of N11 billion

Michigan joined 47 state financial regulatory agencies in a coordinated enforcement action against Block, Inc., for violations of the Bank Secrecy Act

De Nederlandsche Bank (DNB) has imposed two administrative fines totaling 20 million euros on de Volksbank N.V.

The investigation is focused on alleged offenses committed in both France and the broader European Union from 2019 to 2024.

A Miami real estate broker was convicted on money laundering charges for helping two sanctioned Russian oligarchs rent and sell luxury properties in Florida – the first time a US realtor has been held responsible under federal laws.

KuCoin's operator, PEKEN Global Limited, pleaded guilty to operating an unlicensed money-transmitting business and agreed to pay $297 million in penalties to settle charges in the U.S.

/PRNewswire/ -- The Institute for Financial Integrity (IFI) is proud to announce the launch of the Financial Integrity and Cross-Border Payment

The pass-through accounts have ensured an estimated €5.2 billion have passed through the Czech financial systems since 2020.

Nigerian fintechs revamped their apps and internal operations after 2024's ban as new CBN directors ease regulatory oversight.

Block, the parent company of Cash App, has agreed to pay an $80 million fine as part of a settlement with 48 state financial regulators over violations of the Bank Secrecy Act (BSA) and anti-mone

Allied Market Research published a new report, titled, ” The Anti-Money Laundering Software Market Reach USD 8.7 Billion by 2032 | Growing CAGR of 15.3%.” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for […]

The element of ensuring conformity to anti money laundering (AML) standards has become more important than ever in the large