The Latest FinCrime News about Regulation and Compliance
FINRA Strengthens AML Enforcement in Investment Banking and M&A Sector
FINRA is intensifying its focus on AML compliance in investment banking, especially for firms involved in M&A transactions.
Binance Strengthens KYC Compliance in India for AML Regulations
Binance strengthens its KYC requirements in India to meet AML regulations and ensure safer operations for users.
How Gift Cards, Loyalty and Mileage Programs Fuel Money Laundering Schemes
Gift cards, mileage and loyalty programs are increasingly exploited in money laundering schemes. Here's how criminals use them to disguise illicit funds.
UAE Strengthens Financial Security with Dubai Anti-Money Laundering MoUs
UAE’s Ministry of Economy signed MoUs with Dubai authorities to enhance anti-money laundering measures, focusing on real estate and financial crimes.
DOJ Disbands Crypto Crimes Team Amid Shift in Regulatory Focus
The US Department of Justice disbands its National Cryptocurrency Enforcement Team, refocusing on prosecuting crime in the digital asset sector amid new regulatory shifts.
5 Key Techniques to Track Illicit Real Estate Investments for Money Laundering
Techniques to track illicit real estate investments and detect money laundering in high-value transactions, using tools like data analytics, KYC, and AI.
FinCEN Extends Real Estate Targeting Orders to Combat Illicit Activity
FinCEN's renewed Geographic Targeting Orders continue to track illicit financial activity in U.S. real estate, focusing on shell companies in high-risk areas.
TD Bank’s $3B Compliance Crisis Sparks Urgent Leadership Shakeup
TD Bank money laundering scandal raises governance questions and triggers a full-scale leadership overhaul aimed at rebuilding shareholder trust.
HKMA, HKPF, and HKAB Unveil Strong Measures to Combat Money Laundering and Mule Accounts
New measures by HKMA, HKPF, and HKAB aim to tackle fraud, money laundering, and mule accounts in Hong Kong’s banking sector.
Jack Dorsey’s Block Inc. Faces $40 Million Fine Over Alleged Crypto Compliance and AML Failures
Jack Dorsey's Block Inc. faces a $40 million fine over crypto compliance and AML failures, highlighting the increasing regulatory scrutiny in the crypto space.
UKGC Highlights AI and Crash Games Risks in Updated AML Guidance
The UKGC's updated AML guidance highlights AI and crash games as emerging risks in the gambling sector, urging operators to adjust their due diligence practices.
Major AML Gaps at Swiss Bank Reyl Led FINMA to Do a Deep Dive Investigation
Reyl Intesa Sanpaolo’s investigation by Swiss authorities exposes serious gaps in its anti-money laundering measures, focusing on high-risk clients linked to corruption.
South Africa’s Crypto Risk: High Threat of Money-Laundering and Terrorist Financing
The report from the Financial Intelligence Centre highlights South Africa’s crypto assets sector's high risks for money-laundering and terrorist financing.
Italy Enforces EU Crypto Regulation to Tackle Illicit Transactions in 2025
Italy’s implementation of EU crypto regulation marks a bold step to combat money laundering and financial crimes in the growing cryptocurrency sector.
Edmond de Rothschild Europe Settles 1MDB Case for €25 Million: Legal Impact and Details
The 1MDB scandal continues to affect financial institutions globally, with Edmond de Rothschild Europe agreeing to a €25 million settlement.
A New Era for Financial Transparency: UWOs and the $3B Azerbaijan Bank Scandal
Unexplained Wealth Orders (UWOs) have proven effective in tackling global financial crime, as seen in the case involving Jahangir Hajiyev’s $3B embezzlement from the International Bank of Azerbaijan. This landmark case highlights UWOs' role in recovering illicit assets and combating corruption.
