EXCLUSIVE: Unsealed Records Name ‘Banker’
in Massive US Health Care Fraud
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More News
Illegal gaming platform accepted gift-card wagers, bankers arrested in Turkey, and more, in the weekly roundup.
July 11, 2025
Amid Federal Stall, US States Tackle Cryptocurrency ATM Fraud
By Charlie Passut
More than a dozen U.S. states have mandated anti-fraud controls on cryptocurrency ATMs.
July 11, 2025
U.K. fines Monzo, state regulators fine Wise, and more, in the midweek roundup.
July 9, 2025
EU lawmakers approved a plan to update a watchlist of high-risk third countries after officials agreed to consider adding a high-profile adversary.
July 9, 2025
Prioritizing Growth Over Compliance Costs Monzo
By Koos Couvée
The digital lender failed to notice when clients listed Buckingham Palace and other well-known locations in London as their addresses when opening accounts.
July 8, 2025
Enforcement Actions
The Solicitors Regulation Authority entered into a settlement agreement with Woking, U.K.-based firm that requires it to pay a £4,652 fine and investigation costs of £600 for breaches of anti-money laundering and counterterrorist financing obligations.
July 11, 2025
The Central Bank of the United Arab Emirates imposed a fine of AED3 million on an unnamed bank for noncompliance with the country’s anti-money laundering and counterterrorist financing laws.
July 10, 2025
Legs & Regs
FINTRAC Warns Financial Sector of Proliferation Financing, Sanctions Evasion Risks
The Financial Transactions and Reports Analysis Centre of Canada released a Special Bulletin that outlines the methods used by state and non-state actors to evade counter-proliferation sanctions and finance the development of weapons of mass destruction.
July 11, 2025
UK Adds Palestine Action, Two Others to List of Proscribed Terrorist Groups
The U.K. Home Office published an updated list of extremist groups or organizations banned under law and subject to domestic and international financial sanctions regimes that target terrorist activities.
July 11, 2025
AUSTRAC Briefs Minister for Home Affairs on Fighting Financial Crime
The Australian Transaction Reports and Analysis Centre announced that it presented information on the agency’s fight against financial crime during a visit by Minister for Home Affairs Tony Burke.
July 11, 2025
NCA Supports International Operation Targeting Major Scam Center in India
The National Crime Agency announced that it supported an international operation targeting a fraud call center in India that utilized spoofed phone numbers to trick victims into believing they were being contacted by employees of Microsoft.
July 11, 2025
June 2, 2025
In this episode of Financial Crime Matters, Dr. Hans-Jakob Schindler, senior director of the Counter-Extremism Project, and Kieran Beer, editor in chief of ACAMS moneylaundering.com, discuss how violent extremists raise and move funds.
June 30, 2025
In the latest episode of Sanctions Space, Justine Walker, head of global sanctions and risk at ACAMS, and Stephanie Baker, author of 'Punishing Putin: Inside the Global Economic War to Bring Down Russia,' discuss sanctions loopholes Russia exploits to finance its war with Ukraine, and U.S. use of 'secondary tariffs' to deter purchases of Russian oil.
More News
Illegal gaming platform accepted gift-card wagers, bankers arrested in Turkey, and more, in the weekly roundup.
July 11, 2025
Amid Federal Stall, US States Tackle Cryptocurrency ATM Fraud
By Charlie Passut
More than a dozen U.S. states have mandated anti-fraud controls on cryptocurrency ATMs.
July 11, 2025
U.K. fines Monzo, state regulators fine Wise, and more, in the midweek roundup.
July 9, 2025
EU lawmakers approved a plan to update a watchlist of high-risk third countries after officials agreed to consider adding a high-profile adversary.
July 9, 2025
Prioritizing Growth Over Compliance Costs Monzo
By Koos Couvée
The digital lender failed to notice when clients listed Buckingham Palace and other well-known locations in London as their addresses when opening accounts.
July 8, 2025
Enforcement Actions
The Solicitors Regulation Authority entered into a settlement agreement with Woking, U.K.-based firm that requires it to pay a £4,652 fine and investigation costs of £600 for breaches of anti-money laundering and counterterrorist financing obligations.
July 11, 2025
The Central Bank of the United Arab Emirates imposed a fine of AED3 million on an unnamed bank for noncompliance with the country’s anti-money laundering and counterterrorist financing laws.
July 10, 2025