Legal Setbacks, Political Comebacks and Real Progress: The Year in AML

Legal Setbacks, Political Comebacks
and Real Progress: The Year in AML

Fraud, Crypto Crackdowns and Unrest: Compliance in Europe in 2024

Fraud, Crypto Crackdowns and Unrest:
Compliance in Europe in 2024
European Parliament

After Years of Expansion, European FIUs Face Even Larger Workload

After Years of Expansion, European
FIUs Face Even Larger Workload

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Enforcement Actions

The Financial Conduct Authority fined the London, U.K.-based interdealer broker £288,962.53 for failing to implement adequate systems and controls against financial crime, which put the company at risk of being used to support fraudulent trading and money laundering.
The U.K. Gambling Commission imposed a £1 million fine on the Alderney, U.K.-based gambling business for breaching anti-money laundering and counterterrorist financing and social responsibility requirements.
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Legs & Regs

Financial Crime Matters: DOJ Chief Discusses Crypto Probes
Wagner
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Enforcement Actions

The Financial Conduct Authority fined the London, U.K.-based interdealer broker £288,962.53 for failing to implement adequate systems and controls against financial crime, which put the company at risk of being used to support fraudulent trading and money laundering.
The U.K. Gambling Commission imposed a £1 million fine on the Alderney, U.K.-based gambling business for breaching anti-money laundering and counterterrorist financing and social responsibility requirements.