The latest AML/CFT news along with regulatory changes and updates from solution providers
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SARB Hits Three Firms With R35.6 Million in AML Penalties
SARB imposes R35.6 million in AML penalties on Capitec, Albaraka, and Ninety One for due diligenc...
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VTB Bank Sanctioned Over Billions in Iranian Financial Flows
VTB Iran sanctions evasion action targets correspondent accounts, frozen assets, and local-curren...
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Brooklyn Daycare Owner Gets 76 Months and $5M Forfeiture
Medicaid fraud money laundering case brings 76 months in prison, $5 million forfeiture, and over ...
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Six Black Axe Suspects Extradited by South Africa Over R100 Million Scam
Black Axe extradition exposes alleged romance scam laundering worth over R100 million and the Sou...
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BaFin Orders Cadence Growth Capital to Remedy Serious AML Failures
The Cadence Growth Capital AML order exposes placement agent due diligence failures and weaknesse...
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$135M Stablecoin Laundering Case Links US Banks to Colombia
A $135 million stablecoin money laundering indictment details a crypto laundering network, drug p...
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HACA Partners Enhances FinCrime Protections with Muinmos
HACA Partners deploys Muinmos to replace manual processes with Automated Sanctions Screening, pre...
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Walletto Partners With AMLYZE To Upgrade Electronic Money Institution Compliance
Walletto implements a comprehensive Electronic Money Institution AML Compliance suite powered by ...
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Sumsub and Chainlink Launch Solution for Cross Chain AML Compliance
Sumsub and Chainlink partner to implement Decentralized Identity Verification and AML Systems for...
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Flagright AI Forensics Enhances Global Anti Money Laundering Efforts
Flagright launches AI Forensics to transform Anti money laundering investigations by automating c...
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Binance Accounts Linked to $61 Million Iranian Oil Crypto Case
Binance accounts feature in a $61 million Iranian oil crypto laundering case involving alleged US...
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Thailand Proposes 5 Million Baht Stablecoin Transfer Limit
Thailand stablecoin transfer cap proposal sets a 5 million baht daily ceiling, while same-owner w...
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$135M Stablecoin Laundering Case Links US Banks to Colombia
A $135 million stablecoin money laundering indictment details a crypto laundering network, drug p...
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FIU-IND Targets 15 Crypto Platforms Over AML Compliance Failures
India VDA compliance notices extend FIU India crypto enforcement to 15 providers, highlighting of...
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OFAC Targets Xinbi Guarantee Over $24 Billion Criminal Marketplace
OFAC targets Xinbi Guarantee money laundering after more than $24 billion flowed through an illic...
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Spain Dismantles Clandestine Finance Network and Seizes €20 Million in Assets
Spain exposed a Dubai Bank money laundering network, an alleged clandestine value transfer system...
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HACA Partners Enhances FinCrime Protections with Muinmos
HACA Partners deploys Muinmos to replace manual processes with Automated Sanctions Screening, pre...
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Walletto Partners With AMLYZE To Upgrade Electronic Money Institution Compliance
Walletto implements a comprehensive Electronic Money Institution AML Compliance suite powered by ...
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Sumsub and Chainlink Launch Solution for Cross Chain AML Compliance
Sumsub and Chainlink partner to implement Decentralized Identity Verification and AML Systems for...
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Flagright AI Forensics Enhances Global Anti Money Laundering Efforts
Flagright launches AI Forensics to transform Anti money laundering investigations by automating c...
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SARB Hits Three Firms With R35.6 Million in AML Penalties
SARB imposes R35.6 million in AML penalties on Capitec, Albaraka, and Ninety One for due diligenc...
-
VTB Bank Sanctioned Over Billions in Iranian Financial Flows
VTB Iran sanctions evasion action targets correspondent accounts, frozen assets, and local-curren...
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Brooklyn Daycare Owner Gets 76 Months and $5M Forfeiture
Medicaid fraud money laundering case brings 76 months in prison, $5 million forfeiture, and over ...
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Six Black Axe Suspects Extradited by South Africa Over R100 Million Scam
Black Axe extradition exposes alleged romance scam laundering worth over R100 million and the Sou...
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BaFin Orders Cadence Growth Capital to Remedy Serious AML Failures
The Cadence Growth Capital AML order exposes placement agent due diligence failures and weaknesse...
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$135M Stablecoin Laundering Case Links US Banks to Colombia
A $135 million stablecoin money laundering indictment details a crypto laundering network, drug p...
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Binance Accounts Linked to $61 Million Iranian Oil Crypto Case
Binance accounts feature in a $61 million Iranian oil crypto laundering case involving alleged US...
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Thailand Proposes 5 Million Baht Stablecoin Transfer Limit
Thailand stablecoin transfer cap proposal sets a 5 million baht daily ceiling, while same-owner w...
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$135M Stablecoin Laundering Case Links US Banks to Colombia
A $135 million stablecoin money laundering indictment details a crypto laundering network, drug p...
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FIU-IND Targets 15 Crypto Platforms Over AML Compliance Failures
India VDA compliance notices extend FIU India crypto enforcement to 15 providers, highlighting of...
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OFAC Targets Xinbi Guarantee Over $24 Billion Criminal Marketplace
OFAC targets Xinbi Guarantee money laundering after more than $24 billion flowed through an illic...
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Spain Dismantles Clandestine Finance Network and Seizes €20 Million in Assets
Spain exposed a Dubai Bank money laundering network, an alleged clandestine value transfer system...
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Binance Accounts Linked to $61 Million Iranian Oil Crypto Case
Binance accounts feature in a $61 million Iranian oil crypto laundering case involving alleged US...
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VTB Bank Sanctioned Over Billions in Iranian Financial Flows
VTB Iran sanctions evasion action targets correspondent accounts, frozen assets, and local-curren...
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OFAC Targets Xinbi Guarantee Over $24 Billion Criminal Marketplace
OFAC targets Xinbi Guarantee money laundering after more than $24 billion flowed through an illic...
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UK Iran Sanctions Amendments Tighten Financial Crime Controls
UK Iran sanctions amendments introduce Iran financial restrictions and sanctions evasion controls...
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Illumina Cambridge Ltd Pays £7,4M Over Russia Sanctions Breaches
The £7,438,840.13 Illumina sanctions settlement exposes Russia trade sanctions breach risks and t...
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US Seizes $560,000 in Crypto and Disrupts Hamas Funding Channels
Hamas cryptocurrency seizure targets $560,000, exposing terrorist crypto fundraising and the Al Q...
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South Korea Arrests Uzbek Suspect in Record Hamas Crypto Case
The South Korea Hamas funding case involves alleged USDT terrorist financing through charity cryp...
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AML Red Flag Series #14: Detecting Abuse in Charities and Non-Profits
A practical guide to charity AML red flags, non-profit financial crime risk and humanitarian aid ...
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DOJ Crackdown Exposes Sham Charity Operating Hamas Logistics Pipeline in UK and Turkey
US DOJ arrested a global charity director for laundering millions to Hamas through a UK-registere...
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AML Red Flag Series #5: Identifying Hidden Red Flags in Digital Terrorism Financing Networks
Discover critical Red Flags in online fundraising, messaging apps, and virtual assets. Learn how ...
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FATF Exposes Global Money Laundering Risks Across Gambling Platforms
FATF gambling money laundering risks reveal casino AML red flags and online gambling financial cr...
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FINTRAC Penalizes 2 Canadian Gaming Corporations Over AML Failures
FINTRAC casino penalties total $631,538.50 after reporting and control failures at 2 Canadian pro...
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NorthStar Gaming Hit With CA$100,000 AML Penalty in Ontario
The NorthStar Gaming AML penalty reached CA$100,000 after risk classification, source-of-funds an...
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UK Extends Closure Orders in High Street Crime Crackdown
UK high street money laundering reforms would extend Closure Orders to 12 months, tighten betting...
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Are the UAE a Safe Harbor for Iranian Money Laundering Networks?
US Treasury sanctions expose UAE Iranian money laundering networks that used Dubai-based companie...
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AML Red Flag Series #26 : AI Models That Require Investigation
AML red flags may expose control failures. AI AML model investigation, AML model drift detection ...
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AML Red Flag Series #23: Detecting Hidden Financial Networks
Learn how cross-channel network analysis strengthens AML network detection by connecting customer...
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AML Red Flag Series #6: Anomaly Detection Frameworks For Transaction Monitoring
Discover how modern behavioral transaction surveillance frameworks enable compliance teams to det...
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AML Red Flag Series #5: Identifying Hidden Red Flags in Digital Terrorism Financing Networks
Discover critical Red Flags in online fundraising, messaging apps, and virtual assets. Learn how ...
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AML Red Flag Series #4: Detecting Red Flags with Machine Learning: Best Practice for Behavioral AML Analytics
Discover how machine learning identifies every critical red flag in transaction monitoring, optim...
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Do AML Enforcement Actions Surge Before FATF and EU Listing Decisions?
Does a pre-review AML enforcement surge precede FATF grey-list timing or EU high-risk delisting? ...
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UK Anti-Money Laundering and Asset Recovery Strategy Targets Criminal Wealth
The UK AML strategy 2026-2029 targets professional networks, criminal cash, cryptoassets, weak in...
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BSP Draft Tightens AML Controls Across Philippine Merchant Payments
BSP payment integrity rules introduce layered merchant AML controls and a Philippines QR merchant...
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AMLR and Agentic AI – How to turn the EU’snew AML rulebook into working controls before July 2027
AMLR and Agentic AI are reshaping EU compliance through connected data, event-driven controls, st...
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FinCEN Flags $17.5 Billion in Suspected Health Care Fraud Activity
FinCEN’s health care fraud money laundering analysis maps $17.5 billion in suspicious activity, r...
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AML Red Flag Series #29: Risk With IT and Software Companies
AML red flags in IT services money laundering include unverifiable development work, unused licen...
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AUSTRAC Extends AML Duties to Lawyers, Accountants and Other Tranche 2 Professionals
Australia’s Tranche 2 AUSTRAC professional services reform expands Australian gatekeeper regulati...
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AML Red Flag Series #28: Critical Risks Behind Renewable Certificate Transactions
AML red flags reveal carbon credit AML risks, environmental market red flags and renewable energy...
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Do AML Enforcement Actions Surge Before FATF and EU Listing Decisions?
Does a pre-review AML enforcement surge precede FATF grey-list timing or EU high-risk delisting? ...
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Why 2026 Is a Defining Year for Fintech and AML Compliance
Explore how the 2026 FinTech Conference addresses AML compliance, AI governance, real-time paymen...
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Fully Compliant – But Still Locked Out of Banking? Why Compliance Does Not Guarantee Bankability
Bankability and AML compliance are not equivalent. A lawful company can still lose access to bank...
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Building Front Companies Optimized for Systemic Money Laundering
A deep dive into how criminal networks deliberately design Front Companies to satisfy compliance ...
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AMLR and Agentic AI – How to turn the EU’snew AML rulebook into working controls before July 2027
AMLR and Agentic AI are reshaping EU compliance through connected data, event-driven controls, st...
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Inside The 14 Billion Dollar On-Chain Casino Laundering Machine
New data from TRM Labs exposes casino crypto gambling money laundering risks as on chain wagering...
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US Treasury Addresses Rising Vulnerabilities in the Modern Illicit Finance Landscape
The US Treasury 2026 National Money Laundering Risk Assessment highlights the growth of financial...
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Chainalysis Data on 16.1 Bn$ Chinese Money Laundering Networks
A Chainalysis report reveals how 16.1 billion dollars moved through Chinese Money Laundering Netw...
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Binance Accounts Linked to $61 Million Iranian Oil Crypto Case
Binance accounts feature in a $61 million Iranian oil crypto laundering case involving alleged USDT sanctions evasion and Binance account exposure across a wider $1.5 billion network.
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VTB Bank Sanctioned Over Billions in Iranian Financial Flows
VTB Iran sanctions evasion action targets correspondent accounts, frozen assets, and local-currency settlement links with sanctioned Iranian banks.
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Brooklyn Daycare Owner Gets 76 Months and $5M Forfeiture
Medicaid fraud money laundering case brings 76 months in prison, $5 million forfeiture, and over $56 million restitution in an adult daycare kickback scheme involving healthcare proceeds laundering.
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Six Black Axe Suspects Extradited by South Africa Over R100 Million Scam
Black Axe extradition exposes alleged romance scam laundering worth over R100 million and the South Africa cybercrime channels used to move victims’ funds.
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$135M Stablecoin Laundering Case Links US Banks to Colombia
A $135 million stablecoin money laundering indictment details a crypto laundering network, drug proceeds conversion, and payouts to 207 Colombian accounts.
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Brazil Mandates 24-Hour Review of High-Risk Crypto Transfers
Brazil crypto transfer hold rules introduce a 24-hour crypto delay for cross-border virtual asset...
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Brazilian National Pleads Guilty in 30 Million Dollar Drug Proceeds Money Laundering Conspiracy
A federal court secured guilty pleas from six defendants involved in a 30 million dollar drug pro...
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US Treasury Sanctions Transnational PCC Cryptographic Networks in Brazil
Global regulators disrupted a Brazil organized network linked to the PCC that used crypto to laun...
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Operation Fluxo Oculto Exposes Fuel Fraud and Money Laundering in Brazil
Operation Fluxo Oculto exposes a massive money laundering network utilizing payment institutions ...
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Oil Trader Jailed and Fined $300,000 in Global Bribery and Money Laundering Scandal
A former senior oil trader was sentenced to 15 months in prison for his role in a multi-year brib...
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Feds Freeze Assets Of Sinaloa Cartel Crypto Laundering Networks
Federal authorities block Sinaloa cartel networks using cryptocurrency and corporate front compan...
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Central Bank of Brazil Imposes Fine Of R$ 16.2 Million ($3.2M) On Banco Topazio
Brazil’s Banco Topazio faces a R$16.2 million fine and a two-year crypto trading ban after proces...
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The PCC as a Criminal Governance System: What Financial Crime Professionals Often Miss
The PCC criminal governance system illustrates how organized crime evolves beyond gangs into resi...
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Massive Argentine Football Money Laundering Sweep
The sweeping money laundering enforcement action involving the Argentine Football Association (AF...
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Leader of Drug Money Laundering Network Sentenced After $1.2 Million Scheme
A drug money laundering scheme that moved $1.2M through bulk cash pickups and rapid cross border ...
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Binance Accounts Linked to $61 Million Iranian Oil Crypto Case
Binance accounts feature in a $61 million Iranian oil crypto laundering case involving alleged US...
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VTB Bank Sanctioned Over Billions in Iranian Financial Flows
VTB Iran sanctions evasion action targets correspondent accounts, frozen assets, and local-curren...
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Brooklyn Daycare Owner Gets 76 Months and $5M Forfeiture
Medicaid fraud money laundering case brings 76 months in prison, $5 million forfeiture, and over ...
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Six Black Axe Suspects Extradited by South Africa Over R100 Million Scam
Black Axe extradition exposes alleged romance scam laundering worth over R100 million and the Sou...
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$135M Stablecoin Laundering Case Links US Banks to Colombia
A $135 million stablecoin money laundering indictment details a crypto laundering network, drug p...
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BSP Draft Tightens AML Controls Across Philippine Merchant Payments
BSP payment integrity rules introduce layered merchant AML controls and a Philippines QR merchant database to expose hidden payment beneficiaries.
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Thailand Proposes 5 Million Baht Stablecoin Transfer Limit
Thailand stablecoin transfer cap proposal sets a 5 million baht daily ceiling, while same-owner wallet controls and digital asset AML safeguards target illicit flows.
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Singapore Police Investigate 254 Suspected Scammers and Money Mules
Singapore money mule investigation examines 254 suspects linked to more than 652 scam cases, approximately S$7.5 million in losses, scam proceeds laundering, and mule account detection.
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FIU-IND Targets 15 Crypto Platforms Over AML Compliance Failures
India VDA compliance notices extend FIU India crypto enforcement to 15 providers, highlighting offshore crypto exchange AML duties, recordkeeping risks, and potential access restrictions.
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OFAC Targets Xinbi Guarantee Over $24 Billion Criminal Marketplace
OFAC targets Xinbi Guarantee money laundering after more than $24 billion flowed through an illicit crypto marketplace linked to cyber scam laundering.
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South Korea Arrests Uzbek Suspect in Record Hamas Crypto Case
The South Korea Hamas funding case involves alleged USDT terrorist financing through charity cryp...
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US House Committee Hearing Examines Chinese Money Laundering Networks
A US House Committee hearing examined how Chinese money laundering networks facilitate cartel fin...
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Hong Kong Court Upholds €30 Million Award Despite Sanctions Risk
An analysis of sanctions enforcement standards and recent judicial interpretations in financial c...
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South Korean Industry Objections to Crypto Oversight Proposals
The Digital Asset Exchange Alliance submits a formal objection to proposed anti money laundering ...
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South Korea Levies 5.2 Billion Won Fine Against Coinone for AML Violations
South Korean regulators issued a 5.2 billion won fine and a three month suspension for Coinone du...
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FIU-IND Targets 15 Crypto Platforms Over AML Compliance Failures
India VDA compliance notices extend FIU India crypto enforcement to 15 providers, highlighting of...
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Owner of Eminent Frog Porridge Charged in $3.8 Million Money Laundering Case
Singapore authorities charged the owner of Eminent Frog Porridge with 30 offences linked to alleg...
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Proposed FinCEN Rule Targets Cambodian Conglomerate For Illicit Financial Operations
A proposed FinCEN regulatory amendment targets a Cambodian conglomerate for extensive capital lau...
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Special Court Remands Former Nepalese Finance Minister in Laundering Probe
The Nepal Special Court authorized a seven-day investigative remand for former Finance Minister B...
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Analyzing Post Evaluation FATF Monitoring Progress Across Nepal And Laos
An analysis of the 2025 Asia Pacific Group reports shows critical challenges in technical complia...
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AUSTRAC Removes 45 High-Risk Payment Businesses From Registers
AUSTRAC high-risk payments crackdown removes 45 firms as Australian remittance enforcement and VA...
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AUSTRAC Launches Western Union AML Investigation in Australia
The Western Union AML investigation examines payment channels, transaction monitoring and governa...
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AUSTRAC Extends AML Duties to Lawyers, Accountants and Other Tranche 2 Professionals
Australia’s Tranche 2 AUSTRAC professional services reform expands Australian gatekeeper regulati...
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AUSTRAC Exposes Mortgage Fraud Risks Across 10 Major Australian Banks
AUSTRAC mortgage fraud analysis across 10 major banks found potentially hundreds of millions in s...
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AUSTRAC Suspends Cryptolink and Shuts Down 96 Crypto ATMs
Cryptolink crypto ATM suspension stops 96 terminals as AUSTRAC crypto ATM enforcement targets rep...
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BSP Draft Tightens AML Controls Across Philippine Merchant Payments
BSP payment integrity rules introduce layered merchant AML controls and a Philippines QR merchant...
-
Thailand Proposes 5 Million Baht Stablecoin Transfer Limit
Thailand stablecoin transfer cap proposal sets a 5 million baht daily ceiling, while same-owner w...
-
Singapore Police Investigate 254 Suspected Scammers and Money Mules
Singapore money mule investigation examines 254 suspects linked to more than 652 scam cases, appr...
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OFAC Targets Xinbi Guarantee Over $24 Billion Criminal Marketplace
OFAC targets Xinbi Guarantee money laundering after more than $24 billion flowed through an illic...
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Singapore Charges Two Individuals Over Money Laundering of Scam Proceeds
Singapore scam-linked laundering case involving personal account money mule prosecution and a CDS...
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UK Anti-Money Laundering and Asset Recovery Strategy Targets Criminal Wealth
The UK AML strategy 2026-2029 targets professional networks, criminal cash, cryptoassets, weak intelligence flows, and the recovery of illicit wealth.
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SARB Hits Three Firms With R35.6 Million in AML Penalties
SARB imposes R35.6 million in AML penalties on Capitec, Albaraka, and Ninety One for due diligence, reporting, screening, training, and governance failures.
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Six Black Axe Suspects Extradited by South Africa Over R100 Million Scam
Black Axe extradition exposes alleged romance scam laundering worth over R100 million and the South Africa cybercrime channels used to move victims’ funds.
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BaFin Orders Cadence Growth Capital to Remedy Serious AML Failures
The Cadence Growth Capital AML order exposes placement agent due diligence failures and weaknesses in German investment AML controls, with no fine announced by Bafin.
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Spain Dismantles Clandestine Finance Network and Seizes €20 Million in Assets
Spain exposed a Dubai Bank money laundering network, an alleged clandestine value transfer system linked to cocaine proceeds laundering and €20 million in identified assets.
Africa
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SARB Hits Three Firms With R35.6 Million in AML Penalties
SARB imposes R35.6 million in AML penalties on Capitec, Albaraka, and Ninety One for due diligenc...
-
Six Black Axe Suspects Extradited by South Africa Over R100 Million Scam
Black Axe extradition exposes alleged romance scam laundering worth over R100 million and the Sou...
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FATF Evaluation of Financial Oversight Progress in Central Africa
The FATF evaluated regional progress across Central Africa, detailing updates to anti-money laund...
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When Delay Becomes the Message: A Case Study in Regulatory Effectiveness in Tanzania
The AML enforcement gap in this Tanzania case highlights how KYC failures, transaction control we...
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Analyzing Trade Misinvoicing and Illicit Financial Flows in Developing Nations
Illicit financial flows in Asia hit a record 1.69 trillion dollars as trade misinvoicing continue...
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UK Anti-Money Laundering and Asset Recovery Strategy Targets Criminal Wealth
The UK AML strategy 2026-2029 targets professional networks, criminal cash, cryptoassets, weak in...
-
BaFin Orders Cadence Growth Capital to Remedy Serious AML Failures
The Cadence Growth Capital AML order exposes placement agent due diligence failures and weaknesse...
-
Spain Dismantles Clandestine Finance Network and Seizes €20 Million in Assets
Spain exposed a Dubai Bank money laundering network, an alleged clandestine value transfer system...
-
UK Iran Sanctions Amendments Tighten Financial Crime Controls
UK Iran sanctions amendments introduce Iran financial restrictions and sanctions evasion controls...
-
Illumina Cambridge Ltd Pays £7,4M Over Russia Sanctions Breaches
The £7,438,840.13 Illumina sanctions settlement exposes Russia trade sanctions breach risks and t...
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US Treasury Targets Iranian Financial Lifelines Through Turkey
The Iranian shadow banking network case reveals how Golden Global Bank allegedly moved oil procee...
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US Seizes $560,000 in Crypto and Disrupts Hamas Funding Channels
Hamas cryptocurrency seizure targets $560,000, exposing terrorist crypto fundraising and the Al Q...
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FinCEN Targets Banque Misr UAE Over $1.8 Billion in Suspect Flows
The Banque Misr UAE money laundering concern involves $1.8 billion, an Iranian shadow banking net...
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Are the UAE a Safe Harbor for Iranian Money Laundering Networks?
US Treasury sanctions expose UAE Iranian money laundering networks that used Dubai-based companie...
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US Treasury Targets Iranian Maritime Extortion Network Sanctions
Federal regulators disrupted an Iranian maritime extortion scheme, highlighting how maritime insu...
