Reputational-Risk Bill Wins Bipartisan SupportGetty Images
More News
ING apologizes, Turkey raids fintech, and more, in the midweek roundup.
May 28, 2025
By Larissa Bernardes
The ACAMS moneylaundering.com legal team reviews sanctions- and anti-money laundering related developments in the first 120 days of the Trump administration.
May 28, 2025
Tariff Enforcement Looms Over US Banks
By Charlie Passut
U.S. banks face the prospect of having to handle yet another historically unfamiliar task.
May 27, 2025
Las Vegas casino under investigation, AMLA has executive board, and more, in the weekly roundup.
May 23, 2025
EU Nations Finalize AMLA Executive Board
By Koos Couvée
The EU's AML Authority has taken another step towards becoming fully operational.
May 23, 2025
Enforcement Actions
The Central Bank of the United Arab Emirates announced that it imposed financial penalties totaling AED 18.1 million on two UAE-based branches of foreign banks for violating the country’s anti-money laundering and counterterrorist financing regulations.
May 28, 2025
The Solicitors Regulation Authority entered into a regulatory settlement agreement with the Peterborough, U.K.-based law firm that requires it to pay a financial penalty of £25,000 and investigation costs of £600 to resolve anti-money laundering and counterterrorist financing violations.
May 28, 2025
Legs & Regs
OFAC Issues Fact Sheet on Recent Syria General License
The Office of Foreign Assets Control of the U.S. Treasury Department issued a fact sheet with a series of nine frequently asked questions to provide clarity regarding Syria General License 25 of May 23, 2025.
May 28, 2025
OFAC Removes Five Individuals, Three Entities from SDN List
The Office of Foreign Assets Control of the U.S. Treasury Department issued a notice concerning the removal of eight entries from the Specially Designated Nationals List with respect to Russia, the Balkans, and counter narcotics issues.
May 28, 2025
BIS Urges Global Oversight of Cross-Border Payment Providers
The Bank for International Settlements released a report summarizing policy guidance from the Financial Stability Board, and calling for stronger, risk-based oversight of both banks and non-bank entities offering cross-border payment services.
May 28, 2025
EU Lifts Syria Sanctions, Maintains Listings for Assad-Era Insiders
The European Union adopted major regulatory changes to ease sanctions on Syria following the collapse of Bashar al-Assad’s regime earlier in the year.
May 28, 2025
October 29, 2024
In this episode of Financial Crime Matters: Industry Leaders, Kieran Beer, editor in chief of ACAMS moneylaundering.com, and Jason Somrak of software provider Oracle, discuss artificial intelligence, data management and AML-related false positives.
May 8, 2025
In the latest episode of Sanctions Space, Justine Walker, head of global sanctions and risk at ACAMS, and Kimberly Donovan, director of the Atlantic Council’s economic statecraft initiative, discuss geopolitical trends, sanctions compliance and the emergence of a global "axis of evasion."
More News
ING apologizes, Turkey raids fintech, and more, in the midweek roundup.
May 28, 2025
By Larissa Bernardes
The ACAMS moneylaundering.com legal team reviews sanctions- and anti-money laundering related developments in the first 120 days of the Trump administration.
May 28, 2025
Tariff Enforcement Looms Over US Banks
By Charlie Passut
U.S. banks face the prospect of having to handle yet another historically unfamiliar task.
May 27, 2025
Las Vegas casino under investigation, AMLA has executive board, and more, in the weekly roundup.
May 23, 2025
EU Nations Finalize AMLA Executive Board
By Koos Couvée
The EU's AML Authority has taken another step towards becoming fully operational.
May 23, 2025
Enforcement Actions
The Central Bank of the United Arab Emirates announced that it imposed financial penalties totaling AED 18.1 million on two UAE-based branches of foreign banks for violating the country’s anti-money laundering and counterterrorist financing regulations.
May 28, 2025
The Solicitors Regulation Authority entered into a regulatory settlement agreement with the Peterborough, U.K.-based law firm that requires it to pay a financial penalty of £25,000 and investigation costs of £600 to resolve anti-money laundering and counterterrorist financing violations.
May 28, 2025