Dutch Finance Minister Signals AML Reporting OverhaulGetty Images
Enforcement Actions
The Dubai Financial Services Authority imposed a monetary penalty of $25,000 against the Abu Dhabi, United Arab Emirates-based financial institution for failing to report suspicious transactions.
January 24, 2025
The Reserve Bank of India imposed a monetary penalty against the Sringar, India-based bank for failure to adhere to know your customer obligations.
January 24, 2025
Legs & Regs
Federal Jury Convicts Former Contractor of Defrauding FEMA, ML
A federal jury in Georgia convicted Tiffany Brown, a former government contractor, of multiple counts of fraud and money laundering for defrauding the Federal Emergency Management Agency and a Georgia-based litigation funding company.
January 24, 2025
DOJ: Individual Convicted of Laundering Proceeds of Computer Intrusion Scheme
Federal prosecutors in New Jersey announced that Oladapo Sunday Ogunbiyi was convicted for his role in a money laundering conspiracy tied to a computer intrusion scheme that targeted a victim’s 401(k) retirement account.
January 24, 2025
President Trump Issues Executive Order on Fintech Development, Digital Assets
U.S. President Donald J. Trump signed an executive order to establish regulatory clarity regarding financial technology innovation and digital assets.
January 24, 2025
OFAC Announces Changes Made to SDN List in 2025
The Office of Foreign Assets Control released a cumulative list of changes made to the list of Specially Designated Nationals and Blocked Persons between Jan. 1, 2025, and Jan. 24, 2025.
January 24, 2025
December 3, 2024
In this episode of Financial Crime Matters, author Zeke Faux, former public prosecutor Erin West and freelance reporter Danielle Keeton-Olsen dissect cryptocurrency-related fraud schemes and forced labor operations in Cambodia with Kieran Beer, editor in chief of ACAMS moneylaundering.com.
October 16, 2024
In the latest episode of Sanctions Space, Justine is joined by Jessica Bartlett, managing director and head of Global Financial Crime Legal at Barclays. They discuss how the global sanctions landscape has changed over the past decade, the interlinkage between sanctions and export controls and how financial institutions need to undertake a mindset shift to strengthen sanctions compliance.
DATE: 04/28/25 - 04/30/25
LOCATION: Diplomat Resort & Spa,
3555 South Ocean Drive
Hollywood, FL 33019 United States
Hollywood, FL 33019 United States
More News
FCA warns wholesale brokers, Fintrac flags fentanyl funds, and more, in the weekly roundup.
January 24, 2025
2025 looks increasingly likely to inaugurate a global golden era for digital assets, with the U.S. leading the way. This is less of a prediction and more of a fait accompli if you read mainstream news sources, let alone if you tune into the cryptocurrency trade press.
January 24, 2025
Germany at Electoral, AML Crossroads
By Gabriel Vedrenne
Germany's largest political parties have taken opposite positions on a plan pitched two-and-a-half years ago to create a new, overarching federal anti-money laundering agency, weeks from an election that will determine who will lead the country going forward.
January 23, 2025
FCA Warns Wholesale Brokers: Strengthen Your AML Controls
By Koos Couvée
The U.K. Financial Conduct Authority, or FCA, warned wholesale brokers Thursday to enhance their anti-money laundering programs after a review of the sector uncovered a string of common compliance weaknesses.
January 23, 2025
Regulatory Fines Surged Worldwide in 2024
By William Scott Grob
Regulatory fines surged in 2024, driven by a higher volume of enforcement actions targeting virtual asset service providers and the banking sector, alongside a heightened focus on fraud prevention.
January 21, 2025
Enforcement Actions
The Dubai Financial Services Authority imposed a monetary penalty of $25,000 against the Abu Dhabi, United Arab Emirates-based financial institution for failing to report suspicious transactions.
January 24, 2025
The Reserve Bank of India imposed a monetary penalty against the Sringar, India-based bank for failure to adhere to know your customer obligations.
January 24, 2025