AML-News-Regulations
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…
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…
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…
BaFin Orders NordLB to Fix “Significant Deficiencies” in Anti-Money Laundering Controls: Customer Data Backlog Violates Germany’s Money Laundering Act
Key Facts Direct Answer On 3 August 2026, Germany’s financial regulator BaFin announced that it had ordered Norddeutsche Landesbank Girozentrale (Nord/LB) to…
ABN AMRO’s €8.5 Million AML Fine: A Lesson in Compliance Failures
On 6 July 2026, De Nederlandsche Bank imposed an €8.5 million administrative fine on ABN AMRO Bank N.V. for serious, structural deficiencies…
Synthetic Identity Fraud: The Fastest-Growing Financial Crime You’re Not Seeing
Synthetic identity fraud is the fastest-growing financial crime in the US. In India, digital fraud rates are nearly double the global average.…