For Banks, Cartel-CMLN Nexus Means More SARs, Say Analysts
By Charlie Passut
Digital Euro Raises Next-Gen AML Dilemma
By Gabriel Vedrenne
CFPB Wants Fintech, Non-bank Supervision Scaled Down
By Chelsea Carrick
Breaking August 28, 2025: 10:48 am ET
FinCEN Sounds Alarm Over ‘Chinese Money Laundering Networks’
DOJ: Bookmaker Sentenced for Illegal Sports Betting, Tax Fraud
A federal judge sentenced Mathew R. Bowyer to one year and a day in prison for running an illegal sports-betting business and filing a false tax return. Bowyer had previously admitted to laundering proceeds from the operation.
Luxembourg CSSF Publishes Annual Report 2024
The Commission de Surveillance du Secteur Financier of Luxembourg published its annual report for 2024, which highlights the regulator’s supervision for combating money laundering and terrorist financing.
Australia Uncovers Wildlife Trafficking, ML Network
The Australian Department of Climate Change, Energy, and the Environment and Water announced that it partnered with other agencies to intercept hundreds of illegal wildlife exports and uncover an organized crime network.
UK Counterfeit Clothing Boss to Repay £90M in Criminal Proceeds
The Crown Prosecution Service announced that Arif Patel, the head of a large counterfeit clothing operation, was ordered to repay more than £90 million or face additional prison time.
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.
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.
For Banks, Cartel-CMLN Nexus Means More SARs, Say Analysts
By Charlie Passut
Digital Euro Raises Next-Gen AML Dilemma
By Gabriel Vedrenne
CFPB Wants Fintech, Non-bank Supervision Scaled Down
By Chelsea Carrick
Breaking August 28, 2025: 10:48 am ET
FinCEN Sounds Alarm Over ‘Chinese Money Laundering Networks’