Banking and Financial Law
Cybercrime, landmark judgments, AML and digital evidence. New posts every week.
The UK Denied Criminals £440 Million Last Year. Fewer Suspicious Activity Reports Made It Possible.
Key Facts Direct Answer The UK Financial Intelligence Unit (UKFIU) has published its Annual Report for 2025-26, revealing a counter-intuitive trend in…
RBI’s Draft Money Mule SOP: Targeted Debit Holds, ₹1,000 Threshold, and the 60-Day Cap
Key Facts Direct Answer The Reserve Bank of India has issued draft Know Your Customer Amendment Directions, 2026, introducing a Standard Operating…
World Bank Launches gloBOT: What India’s Beneficial Ownership Transparency Framework Reveals
Key Facts Direct Answer On 8 July 2026, the World Bank launched the Global Hub for Beneficial Ownership Transparency (gloBOT), a multi-stakeholder…
OFAC’s Six-Step Framework: Why Indian Banks Fail at Step 3 and What the RBI’s New Mandate Means
Key Facts Direct Answer OFAC’s six-step framework for assessing name matches is the gold standard for sanctions screening. But its most critical…
FATF Report on Gaming and Gambling Risks: What Indian Financial Institutions Must Know
Key Facts Direct Answer The FATF’s first detailed report on gaming and gambling risks, published on 9 September 2026, identifies illegal gambling…
When Plan Approval Is Not the End: NCLT Mumbai Clarifies Jurisdiction Post-Resolution
Key Facts Direct Answer The NCLT Mumbai, in Shri Bhupendra Shantilal Shah v. Powerdeal Energy Systems India Private Limited & Ors. (I.A.…
50 AML Acronyms Every Compliance Professional Must Know
Key Facts Direct Answer Anti-Money Laundering (AML) professionals must master a specialized language of over 50 acronyms to communicate clearly, assess risk…
Julius Baer’s €1.5 Million Monaco Fine: A Warning for Indian Financial Institutions on AML Compliance
Key Facts Direct Answer In September 2026, Monaco’s financial regulator (AMSF) imposed a €1.5 million fine on Julius Baer Wealth Management (Monaco)…
Understanding Trusts in AML/KYC: Who Controls and Benefits from the Structure
Key Facts Trusts are legal arrangements where assets are transferred to a person or entity to manage for the benefit of another…
Honoring Good Doctors, Targeting the Black Sheep: How Digital Forensics Can Expose the Pharma-Doctor Nexus
Key Facts Direct Answer India has over 1.3 million registered doctors. The vast majority are dedicated professionals who work tirelessly to save…