Key Outcomes from the February 2025 FATF Plenary

The 5 largest AML penalties of 2024

If you think crypto is anonymous, think again. In November 2024, Ilya Lichtenstein was convicted for the 2016 Bitfinex hack, where he...

Metro Bank Penalty

FATF Plenary Outcomes October 2024

The Financial Crimes Enforcement Network (FinCEN) has introduced a transformative proposal that is set to redefine the regulatory...

Lawyers play a crucial role in the financial world. They are gatekeepers of the financial system, ensuring that financial transactions...

UK's Amendment to high-risk country definition

This article appears as the "Discussion of the month" topic in AML News and Updates Newsletter - January 2024 edition which can be found...

This article appears as the "Discussion of the month" topic in AML News and Updates Newsletter - December 2023 edition which can be found...

This article appears as the "Discussion of the month" topic in AML News and Updates Newsletter - November 2023 edition which can be found...

Beneficial ownership is a crucial aspect of anti-money laundering (AML) compliance. A beneficial owner of a legal entity or arrangement...

The FATF Plenary took place on 25-27 October 2023 in Paris, France. Delegates from the FATF’s Global Network (of over 200 jurisdictions)...

Learn what led to the $186 million fine of Deutsche Bank

Photo Credit: Oxinoxi from Getty Images The Members of the European Parliament (MEPs) have approved new measures to prevent money...

The Coinbase settlement in 2023

The 6 largest penalties of 2022

The Danske bank Estonian branch case shows how a lack of effective corporate governance, insufficient monitoring of the subsidiaries, and in

FTX was considered one of the most stable and responsible companies in the regulated crypto industry. Learn how it collapsed within a few da

Outcomes of the FATF Plenary October 2022