Britain Letting Big Tech off the Hook on Fraud, Banking Chief Warns

Britain Letting Big Tech off the Hook
on Fraud, Banking Chief WarnsGetty Images

EXCLUSIVE: Dutch Lender ING Plans Compliance Cull

EXCLUSIVE: Dutch Lender ING Plans Compliance CullGetty Images

1000s of Epstein Transactions Escaped JPMorgan’s Notice, Records Show

1000s of Epstein Transactions Escaped
JPMorgan’s Notice, Records ShowGetty Images

More News

Britain Augments Economic Crime Plan

By Koos Couvée

U.K. officials will unveil proposals next year to close gaps in their country's defenses against graft and other financial crimes.

December 8, 2025

Weekly Roundup: Charges Against Ex-ING Chief Dropped, FIFA Defies Russia Sanctions, and More

Cambodian targets Huione, former credit-union employee sentenced, and more, in the weekly roundup.

December 5, 2025

Ransomware Victims Lost $2.1 Billion Over 3-Year Period

By Charlie Passut

Banks, healthcare providers, manufacturers and other victims paid hundreds of millions of dollars to ransomware attackers from 2022 through 2024.

December 4, 2025

Britain Letting Big Tech off the Hook on Fraud, Banking Chief Warns

The head of Britain's most powerful financial-services lobby accused the U.K. government Thursday of failing to hold big tech firms accountable for their part in facilitating an ongoing epidemic of fraud worldwide.

December 4, 2025

Lawsuit Raises Questions Over TD Bank’s Crackdown Against Corrupt Insiders

By Chelsea Carrick

TD Bank's efforts to identify corrupt insiders have come under scrutiny after 22 plaintiffs, all former employees of Chinese descent who served their communities in New York, claimed they were illegally fired by the lender because of their ethnicity.

December 3, 2025

The Assembly by ACAMS. Ten unique events. One global conference series.

Enforcement Actions

RBI Fines Assam Co-operative Apex Bank Limited ₹50,000 for KYC Violation

The Reserve Bank of India imposed a penalty of ₹50,000 on the Guwahati-based bank for failing to adhere to its know-your-customer obligations.

December 8, 2025

RBI Fines Pattukottai Co-operative Urban Bank Limited ₹1.5 Lakh for KYC Failures

The Reserve Bank of India (RBI) imposed an administrative monetary penalty of ₹1.5 lakh on the Pattukottai, India-based bank for multiple breaches of the Banking Regulation Act, 1949, and noncompliance with directives on exposure norms and know your customer requirements.

December 8, 2025

Legs & Regs

FinCEN Extends FBAR Filing Deadline

The Financial Crimes Enforcement Network issued a notice regarding the extended deadline for certain financial professionals to file Reports of Foreign Bank and Financial Accounts.

December 8, 2025

Basel Institute Highlights Key Trends of AML Index 2025

The Basel Institute on Governance highlighted key trends and emerging challenges in the global fight against financial crime ahead of the publication of the 14th edition of the Basel AML Index on Dec. 9, 2025.

December 8, 2025

UK Releases 2025 Anti-Corruption Strategy

The United Kingdom’s Home Office released an anti-corruption strategy for 2025, which includes 123 commitments across government aimed at combating corrupt actors and their funds, addressing vulnerabilities to corruption, and improving the jurisdiction’s resilience against corruption.

December 8, 2025

EU Extends Sanctions on Individuals Fueling Conflict, Human Rights Abuses in DRC

The European Union has renewed its autonomous sanctions on individuals and entities linked to human rights violations, electoral obstruction, and the ongoing armed conflict in the Democratic Republic of the Congo.

December 8, 2025

Financial Crime Matters: Author, Former Binance AML Chief Discuss Arrest, Investigations

June 17, 2025

In this episode of Financial Crime Matters, author Andy Greenberg and Tigran Gambaryan, former head of financial crime compliance at Binance, join Kieran Beer, editor in chief of ACAMS moneylaundering.com, to discuss Gambaryan’s detention in Nigeria.

Stephanie Baker on Punishing Putin

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.

According to the United Nations Office on Drugs and Crime, money laundering techniques linked to illegal deforestation and other environmental crimes include: