Malta Fines Crypto Platform €2.7m Over 'Serious' AML Failures
Malta’s Financial Intelligence Analysis Unit has fined a subsidiary of crypto giant OKX €2.7m for …
FinCEN Issues Cash Smuggling Alert To Banks And Money Servicing Businesses
The US Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a new alert warning financial …
Daily Dash: Spanish Authorities Fine ING Bank €3.9m For AML Failures
Spain’s Commission for the Prevention of Money Laundering and Monetary Offences (SEPBLAC) has imposed a …
CFPB Drops Customer Protection Lawsuit Against Zelle
Zelle and its three largest owner banks are the latest to benefit from the shift …
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 …
Four Convicted In One Of UK’s Largest Ever Money Laundering Cases
Four UK nationals have been convicted of laundering £266m in cash via NatWest bank, in …
Daily Dash: UK And EU Tighten Sanctions On Russia's Financial Networks
Three years after Russia’s full-scale invasion of Ukraine, the UK and EU have introduced sweeping …
Kotak Mahindra Bank Cleared To Onboard Customers Again Following Enforcement Action
One of India’s largest banks may resume normal operations again following the lifting of a …
Daily Dash: Luxembourg Reprimands Citibank Over Compliance Failures
Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier, has issued a reprimand to …