Editor's Pick

The Malta Financial Services Authority (MFSA) has introduced a new Financial Crime Compliance Strategy for 2026, setting out a more risk-focused and outcomes-driven approach to combating money laundering, terrorist financing and other forms of financial crime across Malta's financial services sector. The strategy is intended to strengthen supervisory effectiveness while preparing regulated businesses for major changes to the European Union's anti-money laundering framework an

Prosecutors in Curaçao have asked the court to acquit a businessman of money laundering charges in the long-running Avior investigation, concluding that although significant suspicions remain, the evidence gathered during the decade-long investigation is insufficient to secure a criminal conviction. The development marks a notable turn in one of the Caribbean's most prominent financial crime cases, highlighting the challenges prosecutors face in complex cross-border money lau

RBC Capital Markets has agreed to pay a US$275,000 fine and accept a formal censure after the Financial Industry Regulatory Authority (FINRA) found that the firm's anti-money laundering (AML) monitoring programme failed to adequately detect and escalate suspicious transactions for more than seven years. The enforcement action underscores regulators' continued focus on ensuring that financial institutions maintain effective transaction monitoring systems capable of identifying

UBS Financial Services has agreed to pay a record US$125 million to resolve coordinated enforcement actions brought by four U.S. regulators over longstanding anti-money laundering (AML) failures, marking the largest civil penalty ever imposed on a broker-dealer for violations of the Bank Secrecy Act (BSA). The action was jointly taken by the Financial Crimes Enforcement Network (FinCEN), the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority

Portugal officially entered a new era of political transparency on Monday as the country's first lobbying transparency legislation came into force, introducing a public register for interest representatives and imposing new disclosure obligations for interactions with public authorities. The reform represents a significant milestone in Portugal's broader effort to make political influence more transparent, arriving at a time when public debate over integrity, access to decisi

UK authorities have frozen approximately £30 million worth of luxury London real estate linked to a businessman under investigation in Singapore's largest-ever money laundering case, underscoring the increasingly international nature of financial crime enforcement and cross-border asset recovery. The action reflects growing cooperation between law enforcement agencies seeking to identify and restrain assets suspected of representing the proceeds of illicit activity. The freez

A Utah man has been sentenced to nine years in federal prison after playing a leading role in a large-scale cheque fraud and money laundering conspiracy that caused more than US$1.7 million in losses to financial institutions and government programmes. The sentence marks the conclusion of a complex federal case involving stolen mail, fraudulent bank transactions and the laundering of criminal proceeds through multiple financial accounts. According to court documents, the cons

Singapore authorities have charged a 23-year-old foreign resident under the country's terrorism financing laws after alleging that he transferred money to support an overseas terrorist act connected to Gaza. The case represents one of the latest examples of authorities pursuing even relatively small cross-border financial transfers where investigators believe the funds were intended to facilitate terrorism. According to court documents, the accused allegedly sent US$72.28 thr