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 the Berkhamstead, U.K.-based 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.
July 14, 2025
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
Legs & Regs
OCC Highlights Efforts to Advance Key Priorities
The Office of the Comptroller of the Currency issued a press release regarding progress in advancing key priorities during Acting Comptroller of the Currency Rodney E. Hood’s five-month tenure at the bureau.
July 14, 2025
TFTC Designates Three Islamic State Financiers, Facilitators in Africa
The Treasury Department announced that the Terrorist Financing Targeting Center jointly designated three Islamic State of Iraq and the Levant facilitators in Africa for supporting the activities of the terrorist group across the Democratic Republic of the Congo, Somalia, and South Africa.
July 14, 2025
US Agencies Outline Risk Expectations for Crypto-Asset Safekeeping by Banks
The Federal Deposit Insurance Corporation, the Federal Reserve, and the Office of the Comptroller of the Currency jointly issued a risk management notice to U.S. banking organizations engaged in or planning to offer crypto-asset safekeeping services.
July 14, 2025
FINTRAC Issues Guidance on Enhanced Scrutiny of Iran-Linked Transactions
The Financial Transactions and Reports Analysis Centre of Canada issued updated guidance outlining compliance obligations for reporting entities handling financial transactions connected to Iran.
July 14, 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 the Berkhamstead, U.K.-based 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.
July 14, 2025
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