Reputational-Risk Bill Wins Bipartisan SupportGetty Images
More News
Samourai Wallet founders challenge case, Liechtenstein targets Russian trusts, and more, in the weekly roundup.
May 30, 2025
House Bill Draws New Line Between Digital Commodities, Digital Assets
By Charlie Passut
Republican lawmakers introduced long-anticipated legislation Thursday that would create a regulatory framework for permitted payment stablecoins, commodity and security derivatives and other digital assets, but the bill has several hurdles to clear to advance through Congress.
May 30, 2025
Individuals working for a now-fugitive South American cocaine trafficker used shell companies, phony invoices and U.S. correspondent accounts held by banks in Europe, to launder millions of dollars out of Europe, federal prosecutors in the Eastern District of Virginia have alleged.
May 30, 2025
Dutch Officials, Bankers, Align on Risk-Based Approach
By Koos Couvée
Dutch Finance Minister Eelco Heinen unveiled several AML-related proposals long sought by banks.
May 29, 2025
ING apologizes, Turkey raids fintech, and more, in the midweek roundup.
May 28, 2025
Enforcement Actions
The Solicitors Regulation Authority fined the Immingham, U.K.-based firm £1,536 and ordered the firm to pay investigation costs of £600 for violations of the Money Laundering, Terrorist Financing (Information on the Payer) Regulations 2017.
May 30, 2025
The Solicitors Regulation Authority fined the Harpenden, U.K.-based firm £14,995 and ordered it to pay investigation costs of £600 for violations of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
May 30, 2025
Legs & Regs
BIS Warns of AML/CTF Gaps in Tokenized Financial Markets
The Bank for International Settlements issued a report on tokenized financial markets and emerging money laundering risks.
May 30, 2025
Treasury Department Seeks Public Input on Modernizing Federal Payments
The U.S. Treasury Department issued a request for information that invites public input on its implementation of Executive Order 14247, which directs the department to cease issuing paper checks and transition to the use of electronic payments for federal disbursements.
May 30, 2025
AUSTRAC Instructs Two Casinos to Audit AML/CTF Compliance
The Australian Transaction Reports and Analysis Centre announced that it instructed the Ville Resort-Casino and Mindil Beach Casino Resort to appoint external auditors to assess both businesses’ compliance with the Anti-Money Laundering and Counter-Terrorism Financing Act 2006.
May 30, 2025
US Representatives Introduce Digital Asset Market Clarity Act
U.S. Representative French Hill introduced the Digital Asset Market Clarity Act to establish a transparent regulatory framework for digital assets in the U.S. that promotes innovations and prioritizes consumer protection.
May 29, 2025
January 11, 2024
In the latest episode of Financial Crime Matters, Kieran Beer, editor in chief of ACAMS moneylaundering.com, talks with former lawyer turned money launderer, Kenneth Rijock, about the money laundering techniques he used while working with drug cartels.
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
Samourai Wallet founders challenge case, Liechtenstein targets Russian trusts, and more, in the weekly roundup.
May 30, 2025
House Bill Draws New Line Between Digital Commodities, Digital Assets
By Charlie Passut
Republican lawmakers introduced long-anticipated legislation Thursday that would create a regulatory framework for permitted payment stablecoins, commodity and security derivatives and other digital assets, but the bill has several hurdles to clear to advance through Congress.
May 30, 2025
Individuals working for a now-fugitive South American cocaine trafficker used shell companies, phony invoices and U.S. correspondent accounts held by banks in Europe, to launder millions of dollars out of Europe, federal prosecutors in the Eastern District of Virginia have alleged.
May 30, 2025
Dutch Officials, Bankers, Align on Risk-Based Approach
By Koos Couvée
Dutch Finance Minister Eelco Heinen unveiled several AML-related proposals long sought by banks.
May 29, 2025
ING apologizes, Turkey raids fintech, and more, in the midweek roundup.
May 28, 2025
Enforcement Actions
The Solicitors Regulation Authority fined the Immingham, U.K.-based firm £1,536 and ordered the firm to pay investigation costs of £600 for violations of the Money Laundering, Terrorist Financing (Information on the Payer) Regulations 2017.
May 30, 2025
The Solicitors Regulation Authority fined the Harpenden, U.K.-based firm £14,995 and ordered it to pay investigation costs of £600 for violations of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
May 30, 2025