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Spanish law enforcement authorities have dismantled a sophisticated organised crime network that allegedly laundered millions of euros in drug trafficking proceeds through a network of nightlife venues, hospitality businesses and commercial companies operating in the southern provinces of Seville and Cádiz. The operation exposed an extensive financial infrastructure that blended illicit cash with legitimate business revenue while using shell companies, false accounting record

A former Certified Public Accountant has been sentenced to four years in federal prison after helping launder millions of dollars stolen from one of Georgia's leading paediatric healthcare providers through a sophisticated business email compromise scheme. The case highlights the growing threat posed by cyber-enabled financial fraud targeting healthcare organisations and demonstrates how individuals with financial expertise can play a critical role in facilitating the movemen

The European Union's new Anti-Money Laundering Authority (AMLA) has taken another significant step towards assuming direct supervisory responsibilities by publishing detailed reporting guidance designed to identify financial institutions that could fall under its direct oversight from 2028. The initiative forms part of the authority's broader implementation of the EU's new anti-money laundering framework and represents a key milestone in the transition from nationally led sup

An Oregon payment processing broker has been sentenced to three years in federal prison after admitting his role in a wire fraud conspiracy that enabled fraudulent businesses to withdraw millions of dollars from corporate bank accounts through unauthorized electronic debits. Jeremy Todd Briley, 47, of Happy Valley, Oregon, was also ordered to forfeit $460,000 in criminal proceeds and will serve three years of supervised release following the completion of his custodial senten

Google is set to broaden the availability of programmatic gambling advertising across its advertising ecosystem while simultaneously introducing stricter compliance standards for gambling advertisers using Google Ads. Beginning August 10, authorized buyers will be allowed to serve online gambling and social casino advertising across an expanded list of 37 markets through Google's programmatic advertising network. Separately, from September 14, gambling advertisers using Googl

FIFA has confirmed that no evidence of suspicious betting or match manipulation was identified during the 2026 FIFA World Cup after completing an extensive integrity monitoring program covering every match played throughout the tournament. Following the conclusion of the competition, the organization's Integrity Task Force determined that all 104 fixtures were conducted without any indication of betting-related corruption or match-fixing, reinforcing confidence in the integri

A federal court has sentenced Derek Rockette, a 53-year-old resident of St. Louis, Missouri, to 15 years in prison after investigators uncovered his role in a long-running drug trafficking organization that laundered approximately $1.5 million in criminal proceeds through a series of sophisticated domestic and international financial channels. The case, which stemmed from a Comprehensive Money Laundering Network (CMLN) investigation, exposed how proceeds generated from narcot

Cambodia’s gaming regulator is moving forward with plans to conduct nationwide inspections and evaluations of casinos as part of a broader effort to reinforce oversight and governance of the country’s commercial gambling industry. According to an official update published on the Commercial Gambling Management Commission of Cambodia (CGMC)’s Facebook page on July 20, officials met to review preparations for the upcoming casino evaluations while also discussing the regulator’s

Uganda’s National Lotteries and Gaming Regulatory Board (NLGRB) has stepped up its nationwide campaign against illegal gambling, announcing that more than 6,000 unlicensed gaming machines have been confiscated under Operation "Mashine Haramu." The latest phase of the enforcement initiative resulted in the seizure of an additional 215 illegal gaming machines across the West Nile region. The operation is being conducted jointly by the NLGRB and the Uganda Police Force as part o

Italian authorities have seized a substantial quantity of undeclared investment gold after customs officers discovered more than 62 kilograms of bullion concealed in the luggage of two passengers arriving at Rome's Leonardo da Vinci Airport in Fiumicino on a commercial flight from Spain. The operation, carried out jointly by the Guardia di Finanza's Fiumicino Group and officials from the Lazio 2 Office of the Customs and Monopolies Agency, resulted in the administrative seizu

The Singapore Police Force Cyber Command, working in close coordination with the Royal Malaysia Police, has secured the extradition and prosecution of a 28-year-old Malaysian national accused of participating in a sophisticated cross-border money laundering operation that exploited digital banking infrastructure to move illicit funds across international borders. The case represents a major regional enforcement success against organized financial crime and highlights the incr

The Financial Action Task Force (FATF) has warned that significant regulatory gaps in the oversight of decentralised finance (DeFi) platforms are creating opportunities for money launderers, cybercriminals and sanctioned actors to exploit blockchain-based financial services. In a newly published targeted report, the international standard setter outlines how many jurisdictions have yet to identify DeFi arrangements that fall within existing anti-money laundering (AML) and cou

Century Entertainment International Holdings will remain suspended from trading after the Hong Kong Stock Exchange introduced additional requirements that the company must satisfy before its shares can be reinstated. The expanded resumption conditions include the publication of all outstanding financial results, the resolution of audit-related issues, and the completion of an independent review of the company’s internal control framework. The company’s shares have been suspen

The 7th Targeted Update on Implementation of the FATF Standards on Virtual Assets and Virtual Asset Service Providers highlights how the rapid integration of digital assets into the international financial system has progressed much faster than the development of coordinated regulatory and supervisory frameworks. Although international standard-setting organizations have introduced comprehensive benchmarks governing the supervision of virtual assets and virtual asset service

Germany’s Federal Financial Supervisory Authority (BaFin) has issued a legally binding administrative order requiring Landesbank Hessen-Thüringen Girozentrale (Helaba) to address significant shortcomings in its anti-money laundering framework after supervisory examinations identified systemic weaknesses in the bank’s transaction monitoring systems and internal risk management processes. The regulator found critical deficiencies affecting the institution’s ability to detect su

The Isle of Man Gambling Supervision Commission (GSC) is reinforcing its efforts to combat illegal gambling by expanding cooperation with international regulators and establishing a dedicated Intelligence and Enforcement Division to strengthen oversight beyond the regulated market. In a statement released on July 20, the regulator outlined a series of initiatives designed to improve the detection of unlawful gambling activities, enhance cross-border regulatory collaboration,

Philippine casino operators are entering a period of intensified regulatory oversight after the issuance of PASED Advisory No. 2026-005 on July 13, 2026. Through the advisory, the Philippine Amusement and Gaming Corporation (PAGCOR) formally released its second Casino Sector Risk Assessment, covering the years 2021 through 2024. The assessment assigns the regulated casino sector an overall High risk rating for money laundering and a Medium-High risk rating for terrorism finan

Sri Lanka's plans to introduce the first regulations under its newly established unified gambling regulatory framework have been pushed back after authorities failed to meet their June 30 deadline and did not announce a new timetable for implementation. The proposed regulations are still undergoing review by experts before they can advance through the remaining stages of the legislative process. Once the review is completed, the draft regulations must be submitted to the Atto

Sen. Joel Villanueva has expressed support for proposed amendments to the country's anti-money laundering legislation, stating that law enforcement authorities require broader legal powers to effectively respond to increasingly sophisticated financial crimes while ensuring that any expansion of authority is accompanied by adequate safeguards against misuse. To advance these reforms, Villanueva filed Senate Bill 1983, a measure designed to strengthen the country's anti-money l

Singapore law enforcement agencies have launched a sweeping nationwide enforcement operation targeting suspected money mules, with offenders facing penalties of up to $500,000 under the country's stringent anti-money laundering legislation. The large-scale operation, conducted by the Commercial Affairs Department together with the seven Police Land Divisions, resulted in 579 individuals being placed under investigation for allegedly facilitating the movement of illicit funds