The latest sanctions update from the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury has once again placed...

The United Kingdom is taking steps to strengthen its anti-money laundering (AML) framework as it gears up for its next Financial Action...

The UK’s Financial Conduct Authority (FCA) has decided to abandon its plan to publicly disclose the names of certain firms under...

The notion among senior banking officials that Suspicious Activity Reports (SARs) are ineffective is unfounded, according to Dutch Chief...

The Financial Crimes Enforcement Network (FinCEN), the U.S. Treasury’s anti-money laundering unit, has issued a new Geographic Targeting...

The European Banking Authority (EBA) has opened a public consultation on significant revisions to four of its core technical standards,...

U.S. President Donald Trump has announced that he is “strongly considering” imposing additional banking sanctions and tariffs on Russia...

The UK’s Financial Conduct Authority (FCA) has officially banned two former Credit Suisse bankers following their convictions for...

German authorities have confiscated €3.1 million after the country’s Financial Intelligence Unit (FIU Deutschland) identified a...

Four men have been found guilty of laundering a staggering £266 million through a scrap jewelry business in West Yorkshire, marking what...

The U.S. Treasury Department has announced that it will not enforce the beneficial ownership (BOI) reporting requirement, an anti-money...

The Financial Crimes Enforcement Network (FinCEN), the anti-money laundering (AML) unit of the U.S. Treasury, has issued a formal warning...

Significant changes to Cyprus’s tax system have recently been announced, aiming at modernization and reform. Specifically, the tax-free...

The United Kingdom has announced what it describes as its most extensive package of sanctions against Russia since the early stages of...

European Union envoys have agreed on a 16th package of sanctions against Russia, targeting its financial sector, energy exports, and...

The Philippines has been officially removed from the Financial Action Task Force (FATF) ‘grey list’ in the latest update from the...

Spanish and Portuguese authorities have arrested 14 individuals involved in a large-scale money laundering network primarily operated by...

EU envoys agreed on Wednesday to implement a 16th package of sanctions against Russia in response to its full-scale invasion of Ukraine....

The United Arab Emirates (UAE) is set to engage in high-level discussions with European Union member states as part of a global...

Barclays has revealed that the UK’s Financial Conduct Authority (FCA) is investigating its anti-money laundering controls, just months...