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European Union ambassadors have reached a preliminary agreement to impose new sanctions on 145 individuals and entities connected to Russia, in a significant expansion of the bloc’s efforts to restrict Moscow’s financial activities, disrupt its oil transportation networks and counter alleged disinformation and hybrid operations. The agreement, reached on Wednesday following discussions among representatives of the EU’s 27 member states, covers targets linked to Russia’s fin

Germany’s Federal Financial Supervisory Authority (BaFin) has fined Deutsche Bank €8 million for organisational and operational shortcomings during the migration of Postbank customers to a shared IT platform. The penalty relates to failures in handling the significant increase in customer complaints and delays in processing securities account transfer orders following the 2023 migration. The problems emerged during the integration of Postbank’s customer data into Deutsche Ban

Jamaica’s Financial Investigations Division (FID), working alongside the Jamaica Constabulary Force (JCF), has charged six individuals in connection with an alleged J$110 million fraudulent loan scheme involving forged documents, fictitious identities and the movement of loan proceeds through third-party bank accounts. The investigation concerns loans allegedly obtained from a financial institution between January 2023 and December 2024. The six individuals face charges inclu

The Swiss Financial Market Supervisory Authority (FINMA) has published the final version of its partially revised Anti-Money Laundering Ordinance (AMLO-FINMA), confirming that the amendments will enter into force on 1 January 2027. The revision takes account of recent changes to Switzerland’s Anti-Money Laundering Act and the Federal Council’s Anti-Money Laundering Ordinance, while also addressing preparations for the country’s forthcoming mutual evaluation by the Financial A

The Curaçao Gaming Authority (CGA) has issued updated anti-money laundering, counter-terrorist financing and counter-proliferation financing regulations for the gambling sector, giving covered operators until 1 February 2027 to bring their procedures into compliance. The framework, which took effect on 1 November 2026, applies to land-based and online casinos and providers of other online games. It establishes requirements covering customer identification, risk assessments, s

Argentina’s Financial Information Unit (Unidad de Información Financiera – UIF) has alleged that 88% of the revenue generated by Los Sauces S.A., a real estate and hotel company linked to former President Cristina Fernández de Kirchner and her family, originated from transactions used to give an appearance of legitimacy to funds allegedly obtained through corruption. The allegations were presented during the ongoing oral trial concerning the Hotesur and Los Sauces cases, whic

South Africa’s proposed national tax on online gambling is moving into a further consultation phase, with the National Treasury engaging industry stakeholders before determining the final structure of the measure. The consultations, scheduled for 6 November 2026, form part of the government’s ongoing review of a proposal that could significantly increase the tax burden on online gambling operators. The Minister of Finance is expected to announce the final design in the Februa

The Financial Industry Regulatory Authority (FINRA) has fined Webull Financial LLC US$4.2 million following an investigation that identified significant deficiencies in the brokerage’s anti-money laundering (AML), customer identity verification, identity theft prevention and trading surveillance controls. The enforcement action, announced on 5 November 2026, concerns weaknesses spanning several years and highlights the challenges faced by rapidly expanding digital brokerage p