EXCLUSIVE: EU’s New AML Chief
Previews Supervisory Plan
More News
With Bill, Senate Banking Chairman Targets ‘Reputational Risk’
By Charlie Passut
Legislation in the U.S. Senate would bar federal regulators from using "reputational risk" as a component of supervision.
March 10, 2025
Credit Suisse banker spared prison time, New York gift-card scheme dismantled, and more, in the weekly roundup
March 7, 2025
Garantex Indictment Highlights Offshore Cryptocurrency Threat
By Chelsea Carrick
A cryptocurrency exchange's administrators allegedly evaded sanctions and laundered funds by relocating their digital wallets daily.
March 7, 2025
EXCLUSIVE: EU’s New AML Chief Previews Supervisory Plan
By Koos Couvée
AMLA should directly supervise not only EU banks, but other financial institutions as well, the new agency's chief told ACAMS moneylaundering.com.
March 7, 2025
EU’s Due-Diligence Plan Gives Banks KYC Reprieve
By Koos Couvée
The EBA wants to give financial institutions until 2032 to collect more details from clients who do not present a high risk of illicit finance.
March 6, 2025
Enforcement Actions
The Financial Industry Regulatory Authority issued a letter of acceptance, waiver, and consent against the Lake Mary, FL-based firm and its affiliate for regulatory breaches, including failure to establish a reasonable anti-money laundering program.
March 6, 2025
The Financial Industry Regulatory Authority entered into a letter of acceptance, waiver, and consent with the Plano, TX-based securities firm to resolve allegations of regulatory breaches, including anti-money laundering rules.
March 6, 2025
Legs & Regs
APG, UNODC Issue Factsheet on Exploitation of Shipping Registries
The Asia/Pacific Group on Money Laundering and the United Nations Office on Drugs and Crime published a joint fact sheet which warns that shipping registries are being exploited to evade targeted financial sanctions linked to proliferation financing.
March 10, 2025
FTC Reports Record $12.5 Billion in Fraud Losses in 2024
The Federal Trade Commission announced that reported consumer losses due to fraud surged to $12.5 billion in 2024, marking a 25% increase from the previous year.
March 10, 2025
DOJ: Texas Pharmacist Sentenced to Prison, Ordered to Forfeit $405 Million
The U.S. Justice Department announced that Dehshid Nourian was sentenced to 17 years and six months in prison for orchestrating a $145 million health care fraud scheme targeting the Department of Labor’s Office of Workers’ Compensation Programs.
March 10, 2025
FATF Releases Updated Consolidated Table of Assessment Ratings
The Financial Action Task Force published an updated table of ratings that reflect the extent to which a country’s anti-money laundering measures have been implemented and the effectiveness of such measures. The assessment table includes ratings on all countries evaluated under the 2013 methodology.
March 10, 2025
January 27, 2025
In this episode of Financial Crime Matters, Michael Bruno, an AML manager at the U.S. Postal Inspection Service, and Kieran Beer, editor in chief of ACAMS moneylaundering.com, discuss efforts to combat check fraud and money laundering.
February 3, 2025
In the latest episode of the Sanctions Space Podcast, Justine is joined by Elaine K. Dezenski, senior director and head of the Center on Economic and Financial Power at the Foundation for Defense of Democracies. They discuss predictions for U.S. sanctions in 2025 under the new administration, including how sanctions may be positioned within a broader set of economic tools and economic statecraft, how global alliances may evolve, as well as how the U.S. and its partners can combat transnational kleptocracy.
DATE: 04/28/25 - 04/30/25
LOCATION: Diplomat Resort & Spa,
3555 South Ocean Drive
Hollywood, FL 33019 United States
Hollywood, FL 33019 United States
More News
With Bill, Senate Banking Chairman Targets ‘Reputational Risk’
By Charlie Passut
Legislation in the U.S. Senate would bar federal regulators from using "reputational risk" as a component of supervision.
March 10, 2025
Credit Suisse banker spared prison time, New York gift-card scheme dismantled, and more, in the weekly roundup
March 7, 2025
Garantex Indictment Highlights Offshore Cryptocurrency Threat
By Chelsea Carrick
A cryptocurrency exchange's administrators allegedly evaded sanctions and laundered funds by relocating their digital wallets daily.
March 7, 2025
EXCLUSIVE: EU’s New AML Chief Previews Supervisory Plan
By Koos Couvée
AMLA should directly supervise not only EU banks, but other financial institutions as well, the new agency's chief told ACAMS moneylaundering.com.
March 7, 2025
EU’s Due-Diligence Plan Gives Banks KYC Reprieve
By Koos Couvée
The EBA wants to give financial institutions until 2032 to collect more details from clients who do not present a high risk of illicit finance.
March 6, 2025
Enforcement Actions
The Financial Industry Regulatory Authority issued a letter of acceptance, waiver, and consent against the Lake Mary, FL-based firm and its affiliate for regulatory breaches, including failure to establish a reasonable anti-money laundering program.
March 6, 2025
The Financial Industry Regulatory Authority entered into a letter of acceptance, waiver, and consent with the Plano, TX-based securities firm to resolve allegations of regulatory breaches, including anti-money laundering rules.
March 6, 2025