German authorities conducted a significant anti-money laundering (AML) operation on Tuesday, seizing 13 crypto ATMs where Bitcoin and...

The U.S. Securities and Exchange Commission (SEC) recently issued a notice to OTC Link, slapping the company with a $1.19 million fine...

The U.K. Financial Conduct Authority (FCA) has raised concerns over the inconsistent application of its guidance on politically exposed...

The British Virgin Islands (BVI) has announced that access to its beneficial ownership register will be restricted to those who can pass...

The Financial Action Task Force (FATF) has recommended that India enhance its due diligence practices concerning the bank accounts of...

The U.S. Federal Reserve has issued an enforcement action against Customers Bank, a Pennsylvania-based financial institution known for...

In a recent meeting in Bangkok, the United Nations Office on Drugs and Crime (UNODC) raised alarms about the convergence of...

Edward Scicluna, Malta’s central bank governor, has suspended himself from his position amid a fraud scandal and has also resigned from a...

In a significant move to bolster its anti-money laundering (AML) framework, Singapore has enacted the Anti-Money Laundering and Other...

FINTRAC, Canada’s Financial Intelligence Unit (FIU), has issued a stern warning to financial institutions, emphasizing the importance of...

Two of the UK’s leading state corporate entities will create new Anti-Money Laundering (AML) investigative "cells" using dedicated funds...

Malta Central Bank Governor Edward Scicluna has temporarily suspended himself from his role pending the outcome of a court case related...

Switzerland’s financial supervisor, FINMA, has been closely examining how UBS vets high-risk wealthy clients from Credit Suisse as part...

A growing number of finance firms are exploring the use of AI for compliance and risk management, according to a recent study by Moody's....

In a landmark decision, the estate of Russian billionaire Petr Aven has agreed to forfeit £784,000 following a milestone investigation by...

In a groundbreaking initiative, seven major UK banks, including Barclays, NatWest, and Lloyds, have begun sharing financial crime data...

Coinbase, one of the largest cryptocurrency exchanges globally, has been fined £3.5 million ($4.5 million) by the UK's Financial Conduct...

MONEYVAL has given Jersey a broadly positive review in its latest in-depth assessment, indicating that the British Crown Dependency has...

New beneficial ownership reporting requirements are projected to cost U.S. financial institutions around $200 million per year once fully...

Four federal banking regulators, alongside the Treasury Department’s Financial Crimes Enforcement Network (FinCEN), have issued a notice...