The Latest FinCrime News from the EMEA region
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DORA Compliance For AML Vendor Security Standards Using Public Cloud
DORA mandates that AML vendors using public cloud services implement strict safeguards to protect confidential information and maintain professiona...
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France as a Safe Harbor for Drug Money and the PNACO Offensive
Discover how France is acting against being a safe harbor for drug money, with the PNACO leading the fight against billions in laundered narcotics ...
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South Africa Exits From EU’s Grey List Following Substantial AML Reform
South Africa celebrates its official South Africa AML victory as international monitors confirm the nation has addressed strategic deficiencies and...
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CaixaBank Faces 17.5M€ Fine Over CEPSA Tower Related AML Failures
CaixaBank faces a 17,601,000 euro fine as part of a major enforcement of administrative governance protocols after failing to stop a money launderi...
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Nigeria Mandates Strict Identity Linkage to Curb Crypto Laundering
Nigeria has introduced a strict Nigerian Crypto Anti-Money Laundering Framework that links all digital asset transactions to national identificatio...
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Police Authorities in Sweden Warn of Severe Penalties for Illicit Money Transfers
Authorities in Sweden are targeting the Illicit Money Transmitter networks that move criminal capital. Recent enforcement actions highlight the ris...
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CSSF, the Luxembourg Regulator, Fines Rakuten Europe Bank for AML Failures
The CSSF has fined Rakuten Europe Bank €185,000 for failing to maintain an adequate transaction monitoring system and neglecting critical sanctions...
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French Regulator AMF Fines M Capital Partners 150,000 Euros for AML Gaps
The AMF and M Capital Partners reached a final decision involving a 150,000 euro fine for unauthorized services and failing to maintain an AMF Prim...
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UAE Aims At Strengthening Regional Defenses During 2026 MENAFATF Presidency
The UAE begins its 2026 MENAFATF UAE presidency, enforcing Federal Decree Law 10 2025 and aligning regional standards with the FATF fifth round met...
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Authorities in France Dismantle Massive Training Fund Fraud and Money Laundering Worth 15M€
A massive Training Account Exploitation case in France reveals how a criminal network laundered 15 million euros through New Mexico and Luxembourg ...
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Dutch Authorities Crack Down on TOTO Online Over Major Compliance Failures
TOTO Online B.V. received a regulatory instruction after the Dutch Gambling Authority found failures in its Anti Money Laundering procedures and ri...
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Italy Seizes 8 M€ and Arrests 9 in Hamas Fake Charity Crackdown
Police in Italy arrested nine people and seized 8 million euros in a major Hamas fake charity probe involving funds used to finance terrorist activ...
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CBUAE Revokes Omda Exchange License and Imposes Dh10 Million Fine
The CBUAE revoked the license of Omda Exchange and imposed a 10 million fine following an investigation into Omda Exchange AML Violations and regul...
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Turkey orders detention of 10 suspects for financing Daesh terrorism
Authorities in Turkey detained 10 suspects for using Economic Mobilization Tactics to fund Daesh. The group moved money to Syria under religious p...
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Money Laundering Risks Shadow Dubai Charity Crypto Innovation
Exploring the money laundering risks in the non profit sector as Dubai organizations adopt digital asset donation laundering prevention measures fo...
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UK Lawmakers Demand Revised Regulatory Framework for Stablecoin Stability
British legislators are challenging the central bank on its systemic stablecoin governance approach to ensure that new limits do not unintentionall...
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AMLA Direct Supervision Plan for 40 High Risk Entities
AMLA is set to transform the European financial landscape by enforcing Unified Financial Security Standards across forty high-risk institutions to ...
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Swedish Watchdog Slams Svea Bank With 15M€ For AML Lapses
Svea Bank faces a SEK 170 million fine from Finansinspektionen due to Swedish AML Regulatory Failures involving risk assessments and beneficial own...
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Belgium Faces Tough 2025 FATF Review of Financial Crimes
The 2025 FATF report on Belgian financial supervision highlights critical resource gaps and the lack of oversight for virtual assets, placing the n...
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N26 AML Flaws Prompt Sanctions and €9.2 Million Bafin Penalty
German financial regulator BaFin fined N26 Bank SE €9.2 million for systemic anti-money laundering (AML) compliance failures, including consistentl...
Other News From EMEA
DORA Compliance For AML Vendor Security Standards Using Public Cloud
DORA mandates that AML vendors using public cloud services implement strict safeguards to protect confidential information and maintain professional secrecy.
France as a Safe Harbor for Drug Money and the PNACO Offensive
Discover how France is acting against being a safe harbor for drug money, with the PNACO leading the fight against billions in laundered narcotics profits.
South Africa Exits From EU’s Grey List Following Substantial AML Reform
South Africa celebrates its official South Africa AML victory as international monitors confirm the nation has addressed strategic deficiencies and secured its removal from the grey list of high risk jurisdictions.