Regulatory Influencer: The UK’s New Failure To Prevent Fraud Offence
In November 2024, the UK government published guidance on the new corporate criminal offence of “failure …
FATF Removes The Philippines From Grey List, Adds Laos And Nepal
The Financial Action Task Force (FATF) has updated its list of jurisdictions under increased monitoring, …
UK PSPs 'Likely' Not Disclosing All Sanctions Breaches, OFSI Warns
The latest report from the UK’s sanctions watchdog warns of ongoing non-compliance and potential pathways …
Hungarian Regulator Fines Raiffeisen Bank HUF41.25m Over AML Deficiencies
Raiffeisen Bank has become the latest financial institution to be hit with a penalty by …
Dutch Government Seeks To Break Money Laundering Impasse
The Netherlands Ministry of Finance has announced a new approach to anti-money laundering (AML) policy, …
Daily Dash: International Operation Catches Scammers
An international operation supported by EU agencies Europol and Eurojust has dismantled a “phone phishing” …
FATF Overhauls Greylist Rules To Help Poorer Nations
The Financial Action Task Force (FATF) has announced significant changes to its criteria for greylisting …
German Authorities Shut Down 47 Crypto Exchanges Used For Criminal Activity
In a major crypto crackdown, the Frankfurt Public Prosecutor’s Office and the Federal Criminal Police Office …
'Chilling' Statistics Prompt UK Lawmakers To Demand Action On Fraud
The need to do better in tackling fraud has become a consensus issue across the …