The Latest FinCrime News from Europe
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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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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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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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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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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...
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FCA Slams Nationwide With Major £44M Fine
The FCA levied a £44 million penalty against Nationwide for inadequate anti-money laundering systems and controls between 2016 and 2021, driven by ...
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Operation Cash-a-Lot: Portugal Dismantles a $209M Trade-Based Money Laundering Scheme
Operation Cash-a-Lot successfully dismantled a transnational organization that laundered over 209 million euros, primarily through complex Trade Ba...
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Bulgaria Strengthens AML OSINT Capabilities
The advanced training in Sofia, Bulgaria, enhanced the use of Open-Source Intelligence for AML/CFT, strengthening the capabilities of the Financial...
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Poland’s Presidential Veto on MiCA Heightens AML Systemic Risks
The sustained failure of Poland to adopt a comprehensive legal framework for digital assets, due to a Presidential veto, presents a substantial and...
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HM Treasury AML Report 2024-2025 Reveals UK Supervisory Reform and Spending Jump
The HM Treasury Anti-Money Laundering and Counter-Terrorist Financing Supervision Report 2024-25 details significant reforms, including the shift t...
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French government awareness questioned in Lafarge terrorism financing case in Syria
French government awareness became a central issue as the Lafarge terrorism financing case exposed conflicting testimonies over what state official...
Other News From Europe
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.
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 laundering scheme.