The latest sanctions imposed by the U.S. Office of Foreign Assets Control (OFAC) against prominent figures linked to the Haitian gang coalition Viv Ansanm have illuminated the deep financial machinery sustaining organized violence in Haiti. The designations of Dimitri Herard and Kempes Sanon represent more than a counterterrorism measure—they expose the sophisticated ways in which gang coalitions in fragile states manipulate money laundering systems to maintain dominance, exp

The United Kingdom has unveiled a new round of sanctions targeting 90 entities in a move aimed at cutting off revenue streams that continue to fund Russia’s military operations in Ukraine. Announced on 15 October, the measures were introduced jointly by the Foreign, Commonwealth and Development Office (FCDO) and the UK Treasury, with officials stating that the sanctions are intended to “strike at the heart of Putin’s war funding.” A key element of the new sanctions package is

A federal jury in New York has issued a verdict of nearly $21 million against France’s largest bank, BNP Paribas S.A., for providing the Sudanese government access to the U.S. financial system while it carried out atrocities two decades ago. The plaintiffs, a woman and two men who are U.S. citizens and were displaced from Sudan, losing their homes and property, were awarded amounts ranging between $6.7 million and $7.3 million each following about four hours of jury deliberat

U.K. fintech giant Revolut has hit a new obstacle in its long-running effort to secure a full banking license in its home market, with the Bank of England reportedly delaying approval due to ongoing concerns about the company’s risk management capabilities amid rapid international expansion. The central bank has expressed doubts about whether Revolut can maintain robust risk management controls as it continues its aggressive global growth. Regulators are now insisting that th

Abu Dhabi has marked a major advancement in its fight against financial crime by obtaining ISO 37001:2016 certification for its Anti-Bribery, Anti-Corruption, and Anti-Money Laundering (AML) Management System. The certification, awarded to the Public Funds Prosecution under the Abu Dhabi Judicial Department, represents more than a symbolic milestone—it formalizes a technical, auditable, and performance-based system that may redefine AML governance standards across the Middle

FinCEN’s June 25, 2025 orders against three Mexico-based financial institutions have set off a chain of events that few anticipated would reach this magnitude. What began as targeted restrictions on certain fund transmittals has now evolved into a test of how signal-based supervisory actions, new statutory powers, cross-border risk appetites, and market confidence interact when pressure mounts. The twice-delayed effective dates and the subsequent voluntary revocation of CIBan

Vietnam’s anti-money laundering (AML) efforts have entered a decisive and highly scrutinized stage as the government moves to close the deficiencies highlighted by the Financial Action Task Force (FATF). Since the country’s inclusion on the FATF grey list in 2023, international attention has focused sharply on its financial institutions, digital asset exchanges, and regulators, all of which are under pressure to prove that their compliance reforms go beyond symbolic measures.

Released on October 8, 2025, the European Banking Authority’s (EBA) final implementation review serves as both a progress assessment and...

Kuwait has sent a senior delegation to Washington led by Dr. Hamad Al-Mukrad, head of the Kuwait Financial Intelligence Unit (KFIU) and...

Agent banking has become central to financial inclusion across emerging markets, yet it has simultaneously created avenues for money...

Money laundering continues to represent one of the most corrosive threats to both financial stability and national governance. For...

Money laundering has long been one of the greatest risks facing financial innovation, and the emergence of central bank digital...

The recent enforcement action against HRA Group Holdings in Canada illustrates how precious metals and jewels continue to occupy a murky...

The legal profession in the United Kingdom is voicing strong concerns over proposed changes to anti-money laundering (AML) regulations...

The latest Tracfin report on the state of the threat for 2024–2025 marks a decisive shift in the fight against money laundering,...

Four recent enhanced follow-up reports covering Benin, Cabo Verde, Togo, and Burkina Faso provide a consolidated picture of how these...

More than 400 senior police officials from 53 countries convened at Europol headquarters in The Hague for the 2025 European Police Chiefs...

Money laundering continues to serve as the concealed engine behind most financial crime. Without the ability to clean illicit funds and...

Spence Diamonds, one of Canada’s most recognizable jewelry retailers, has come under intense scrutiny after regulators uncovered...

South Korea has reached a new inflection point in its fight against crypto-enabled money laundering. The country is witnessing an...