EXCLUSIVE: Unsealed Records Name ‘Banker’
in Massive US Health Care Fraud
iStock
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Breaking July 4, 2025: 6:27 am ET
Singapore Penalizes Citibank, UBS, 7 Others Over $2.3 Billion Money Laundering Scandal
Sberbank accesses Europe, Britain flags sanctions-evasion scheme, and more, in the weekly roundup.
July 3, 2025
Reverse Mergers Forego AML Disclosures, Avoid Regulatory Scrutiny
By Chelsea Carrick
Private companies seeking to go public sometimes merge with smaller, thinly traded firms to keep their legal and regulatory troubles under wraps.
July 3, 2025
Netherlands Links ‘Cash Compensation’ Schemes to Terrorism
By Koos Couvée
Money laundering networks embedded in labor-intensive sectors in the Netherlands helped overseas terrorists move funds and buy weapons last year.
July 3, 2025
Records obtained by ACAMS moneylaundering.com link a former BoA employee in Brooklyn to a transnational fraud network.
July 2, 2025
Enforcement Actions
The Solicitors Regulation Authority entered into a regulatory settlement agreement with the Sunderland, U.K.-based law firm to resolve anti-money laundering violations over a four-year period.
July 3, 2025
The Solicitors Regulation Authority entered into a settlement agreement with the London, U.K.-based firm that requires it to pay a financial penalty of £9,767 and investigation costs of £600 to resolve longstanding anti-money laundering and counterterrorist financing failures.
July 3, 2025
Legs & Regs
ESAs Sign MoU with AMLA on Information Sharing
The European Supervisory Authorities signed a multilateral memorandum of understanding with the Anti-Money Laundering Authority to coordinate financial crime supervision and exchanges of information.
July 3, 2025
Treasury Department Designates Seven Senior Hezbollah Financial Officials
The U.S. Treasury Department announced sanctions targeting even senior officials and one entity associated with the Hezbollah-controlled financial institution Al-Qard Al-Hassan, which was designated in 2007.
July 3, 2025
ECB, AMLA Finalize MoU on Joint Oversight, Information Exchange
The European Central Bank and the Anti-Money Laundering Authority signed a memorandum of understanding to formalize cooperation and information sharing between the prudential and anti-financial crime supervisors.
July 3, 2025
US Treasury Targets Networks Facilitating Iranian Oil Trade, Shadow Fleet
The U.S. Treasury Department announced sanctions targeting networks that have purchased and transported Iranian oil, including a network of companies run by Iraqi businessman Salim Ahmed Said.
July 3, 2025
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.
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
Breaking July 4, 2025: 6:27 am ET
Singapore Penalizes Citibank, UBS, 7 Others Over $2.3 Billion Money Laundering Scandal
Sberbank accesses Europe, Britain flags sanctions-evasion scheme, and more, in the weekly roundup.
July 3, 2025
Reverse Mergers Forego AML Disclosures, Avoid Regulatory Scrutiny
By Chelsea Carrick
Private companies seeking to go public sometimes merge with smaller, thinly traded firms to keep their legal and regulatory troubles under wraps.
July 3, 2025
Netherlands Links ‘Cash Compensation’ Schemes to Terrorism
By Koos Couvée
Money laundering networks embedded in labor-intensive sectors in the Netherlands helped overseas terrorists move funds and buy weapons last year.
July 3, 2025
Records obtained by ACAMS moneylaundering.com link a former BoA employee in Brooklyn to a transnational fraud network.
July 2, 2025
Enforcement Actions
The Solicitors Regulation Authority entered into a regulatory settlement agreement with the Sunderland, U.K.-based law firm to resolve anti-money laundering violations over a four-year period.
July 3, 2025
The Solicitors Regulation Authority entered into a settlement agreement with the London, U.K.-based firm that requires it to pay a financial penalty of £9,767 and investigation costs of £600 to resolve longstanding anti-money laundering and counterterrorist financing failures.
July 3, 2025