Former US Officials, Prosecutors
Question Blanche Memo’s True ImpactGetty Images
More News
By Chelsea Carrick
The ACAMS moneylaundering.com team packed our bags and said goodbye to sunny Florida at the close of The ACAMS Assembly Hollywood earlier this week. In addition to all the usual stuff we jammed into our suitcases, we’ve brought back a lot of lessons and takeaways to share.
May 2, 2025
TD Bank shakes up compliance team, U.S. banks face labor-trafficking challenge, and more, in the midweek roundup.
May 2, 2025
SAR Volumes in Switzerland Reach New High, Law Enforcement Cooperation Slows
By Gabriel Vedrenne
Banks and other financial institutions in Switzerland filed a record 15,000 suspicious activity reports in 2024, a figure that represents an almost 30 percent increase year-on-year and which has heaped further pressure on the country's financial intelligence unit's limited resources.
May 2, 2025
Ex-US Officials Urge Banks to Review China Exposure
By Charlie Passut
U.S. banks and other companies should carefully assess their exposure to China and develop contingency plans in case Beijing invades Taiwan, a move that is likely to trigger sweeping Western sanctions, former U.S. officials told an ACAMS-hosted conference Wednesday.
May 1, 2025
Breaking May 1, 2025: 3:16 pm ET
FinCEN Designates Cambodia-Based Huione Group a ‘Primary Money Laundering Concern’
Enforcement Actions
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 £25,000 and investigation costs of £1,350 to resolve anti-money laundering and counterterrorist financing violations.
May 2, 2025
The Solicitors Regulation Authority entered into a settlement agreement with the Buckinghamshire, U.K.-based firm that requires it to pay a £24,820 fine and investigation costs of £600 for breaching anti-money laundering and counterterrorist financing requirements.
May 2, 2025
Legs & Regs
HM Treasury Approves Updates to Joint Money Laundering Steering Group AML/CTF Guidance
The Joint Money Laundering Steering Group announced that it received HM Treasury approval regarding updates to its guidance on anti-money laundering and counterterrorist financing.
May 29, 2025
Eurojust-Led Operation Uncovers €57 Million ML Scheme Tied to Ukrainian Arms
The European Union Agency for Criminal Justice Cooperation announced coordinating a joint international investigation that led to the arrest of a Ukrainian national accused of laundering criminal proceeds through luxury real estate purchases in France and Monaco.
May 2, 2025
FCA Publishes Discussion Paper on Regulating Crypto Activities
The Financial Conduct Authority published a discussion paper seeking views on regulating crypto-asset trading platforms, intermediaries, crypto-asset lending and borrowing, staking, and decentralized finance.
May 2, 2025
State Department Designates Two Haitian Gangs as FTOs, SDGTs
The U.S. State Department announced the designations of Viv Ansanm and Gran Grif as Foreign Terrorist Organizations and Specially Designated Global Terrorists.
May 2, 2025
November 25, 2024
In this episode of Financial Crime Matters, Kieran Beer, editor in chief of ACAMS moneylaundering.com and Michael Grady, head of the Justice Department’s Bank Integrity Unit, discuss investigative priorities and the role of whistleblowers in launching and advancing cases.
March 17, 2025
In the latest episode of the Sanctions Space Podcast, Justine and Marshall Billingslea, former U.S. assistant secretary for terrorist financing, discuss the second Trump administration's use of banking-related sanctions against Russia as leverage in negotiations and as a tool to bring "maximum pressure" to bear on Iran, and how financial institutions should prepare. They also discuss Trump's imposition of tariffs as an element of economic statecraft, and his administration's fentanyl strategy.
More News
By Chelsea Carrick
The ACAMS moneylaundering.com team packed our bags and said goodbye to sunny Florida at the close of The ACAMS Assembly Hollywood earlier this week. In addition to all the usual stuff we jammed into our suitcases, we’ve brought back a lot of lessons and takeaways to share.
May 2, 2025
TD Bank shakes up compliance team, U.S. banks face labor-trafficking challenge, and more, in the midweek roundup.
May 2, 2025
SAR Volumes in Switzerland Reach New High, Law Enforcement Cooperation Slows
By Gabriel Vedrenne
Banks and other financial institutions in Switzerland filed a record 15,000 suspicious activity reports in 2024, a figure that represents an almost 30 percent increase year-on-year and which has heaped further pressure on the country's financial intelligence unit's limited resources.
May 2, 2025
Ex-US Officials Urge Banks to Review China Exposure
By Charlie Passut
U.S. banks and other companies should carefully assess their exposure to China and develop contingency plans in case Beijing invades Taiwan, a move that is likely to trigger sweeping Western sanctions, former U.S. officials told an ACAMS-hosted conference Wednesday.
May 1, 2025
Breaking May 1, 2025: 3:16 pm ET
FinCEN Designates Cambodia-Based Huione Group a ‘Primary Money Laundering Concern’
Enforcement Actions
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 £25,000 and investigation costs of £1,350 to resolve anti-money laundering and counterterrorist financing violations.
May 2, 2025
The Solicitors Regulation Authority entered into a settlement agreement with the Buckinghamshire, U.K.-based firm that requires it to pay a £24,820 fine and investigation costs of £600 for breaching anti-money laundering and counterterrorist financing requirements.
May 2, 2025