The Latest FinCrime News from the EMEA region
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Deutsche Bank Discloses Russian Sanctions Failures Over 100,000 Euro Deposits
Deutsche Bank reports itself to regulators for sanctions compliance failures involving Russian deposits over 100,000 euro following an internal inv...
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France Leads 2026 Strategy to Combat Digital Money Laundering
France calls for stricter stablecoinisation oversight to prevent money laundering and preserve European monetary sovereignty under the MiCA framework.
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AMLA Launches Public Consultations on New AML Risk Assessment Standards
AMLA has launched public consultations on draft standards for AMLA risk assessment and group requirements to enhance financial crime oversight acro...
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The Central Bank of the UAE (CBUAE) Strengthens AML Compliance Framework
CBUAE, the Central Bank of the UAE has issued a massive regulatory update to strengthen UAE AML Regulations, targeting trade based money laundering...
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Finanstilsynet Inspection Reveals Critical Handelsbanken Norway AML Failures
The 2026 Finanstilsynet report details critical Norwegian anti money laundering failures at Handelsbanken Norway, highlighting severe gaps in risk ...
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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 weaknesses, and regulatory delays impact governance ...
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New Dutch Anti-Money Laundering Laws Introduce Power of Postponement
The Dutch Financial Intelligence Unit is granted the power of postponement in 2026 to halt suspicious transactions and combat money laundering.
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UK Reinforces Ownership and Control Sanctions Compliance Deadlines
The April 13th update reinforces the deadline for the Control test call for evidence as UK regulators signal tougher enforcement of financial sanct...
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UAE Promulgates Law Establishing Digital KYC Platform
The UAE has launched the UAE KYC Digital Platform under Decree Law No. 30 of 2024, introducing strict criminal penalties and imprisonment to combat...
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French ACPR and Tracfin Flag Virtual IBAN Risks in 4 Billion Euro Monthly Flows
The ACPR and Tracfin report reveals how Virtual IBAN systems facilitate 4 billion euros in monthly flows, warning that these tools are being exploi...
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Lafarge CEO Sentenced to Six Years and Company Fined 1.125 Million Euro
The former CEO of Lafarge received a six year prison sentence as the company was fined 1.125 million euros for terrorism financing in Syria involvi...
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SRA Fines Law Firm £68,000 Over Systemic Anti-Money Laundering Failures
Scott-Moncrieff and Associates fails appeal against £68,000 SRA fine after allowing $23 million in Russian funds to bypass Anti-Money Laundering co...
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Dutch Police Seize Assets and Arrest Eight in Fake Digital ID Case
Dutch police arrested eight suspects for their role in a 3 million euro fake digital id scheme. The Identity Fraud Infrastructure and the VerifTool...
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UBS Succeeds in Quashing Credit Suisse Money Laundering Liability
UBS wins dismissal of the Credit Suisse money laundering case and avoids a 475 million dollar penalty after the court rules Anti-Money Laundering E...
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FINMA Issues New Guidance on Digital Fraud and AML Risks
New FINMA guidance highlights the urgent need for Swiss banks to improve their anti money laundering controls as digital fraud cases and deepfake t...
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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 continues to drain essential resources from developing nat...
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Leonteq Management Discharge Postponed Amid Serious Compliance Allegations
Leonteq board delays management discharge amid Leonteq Compliance Oversight concerns and reports from Cash.ch regarding years of alleged market dec...
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French AMF Sanctions Kerdiz Finance for Compliance Failures
AMF sanctions Kerdiz Finance et Conseil with €450,000 for major AML and compliance failures, highlighting serious deficiencies in due diligence, mo...
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UN Plan to Legalize Money Laundering Raises Global Concerns
Debate grows around a UN money laundering legalization proposal that suggests taxing illicit flows to improve transparency and economic visibility ...
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Dubai Virtual Asset Governance and Exchange Compliance Standards
The regulatory framework for Virtual Asset Governance in Dubai is now in effect, mandating strict board independence and exchange resilience to ens...
Other News From EMEA
Deutsche Bank Discloses Russian Sanctions Failures Over 100,000 Euro Deposits
Deutsche Bank reports itself to regulators for sanctions compliance failures involving Russian deposits over 100,000 euro following an internal investigation into money laundering risks.
France Leads 2026 Strategy to Combat Digital Money Laundering
France calls for stricter stablecoinisation oversight to prevent money laundering and preserve European monetary sovereignty under the MiCA framework.
AMLA Launches Public Consultations on New AML Risk Assessment Standards
AMLA has launched public consultations on draft standards for AMLA risk assessment and group requirements to enhance financial crime oversight across the European Union.