Legal Setbacks, Political Comebacks
and Real Progress: The Year in AML
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.
January 9, 2025
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.
January 9, 2025
Legs & Regs
Isle of Man FSA Updates Guidance on Beneficial Ownership
The Isle of Man Financial Services Authority published updated guidance on beneficial ownership rules under the Beneficial Ownership Act 2017, effective Dec. 10, 2024, replacing the 2017 version.
December 12, 2025
OFAC Announces Changes Made to SDN List in 2025
The Office of Foreign Assets Control released a cumulative list of changes made to the list of Specially Designated Nationals and Blocked Persons between Jan. 1, 2025, and Jan. 10, 2025.
January 10, 2025
EU Amends 14 Sanctions Entries Under Venezuela Sanctions Regime
The Council of the European Union adopted Council Implementing Regulation (EU) 2024/42 which amends restrictive measures against Venezuela.
January 10, 2025
EU Adds 15 Entries to Venezuela Sanctions List
The Council of the European Union adopted Council Implementing Regulation (EU) 2025/44 which amends restrictive measures on Venezuela following recent developments in the country.
January 10, 2025
January 6, 2025
In this episode of Financial Crime Matters, Claudia Quiroz, a senior official at the U.S. Justice Department, and Kieran Beer, editor in chief of ACAMS moneylaundering.com, discuss combating the illicit use of cryptocurrency.
October 16, 2024
In the latest episode of Sanctions Space, Justine is joined by Jessica Bartlett, managing director and head of Global Financial Crime Legal at Barclays. They discuss how the global sanctions landscape has changed over the past decade, the interlinkage between sanctions and export controls and how financial institutions need to undertake a mindset shift to strengthen sanctions compliance.
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
French Authorities Lament Poor Oversight of Sports Agents
By Gabriel Vedrenne
Sports agencies in France have yet to trigger a single AML-related enforcement action or penalty since becoming eligible for them.
January 10, 2025
CFTC chair flags regulatory gaps, Britain fines casino owner, and more, in the weekly roundup.
January 10, 2025
Midweek Roundup: Estonia Given Danske Bank Forfeiture, UK Treasury Minister Under Scrutiny, and More
European FIUs struggling, Trudeau's resignation impacts AML reforms, and more, in the midweek roundup.
January 8, 2025
European FIUs Struggle to Hire, Retain Qualified Personnel
By Gabriel Vedrenne
Long-term job vacancies continue to plague the national financial intelligence units of Croatia, Romania and several other European countries, annual reports and other details obtained by ACAMS moneylaundering.com indicate.
January 7, 2025
US Sanctions Penalty Highlights Longstanding Problem
By Chelsea Carrick
A U.S. penalty against an unnamed individual for violating sanctions against Iran underscores the challenges that arise when Iranian Americans try to send funds to the Islamic Republic.
January 7, 2025
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.
January 9, 2025
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.
January 9, 2025