Industries
Explore AML/CFT regulation, enforcement, compliance developments and financial crime risks by industry. This section helps professionals follow developments affecting their own sectors and understand how regulatory expectations differ across financial and non-financial businesses.
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Hong Kong Insurance Authority Fines FWD Life HK$19.5 Million for AML/CFT Control Failures
Hong Kong’s Insurance Authority (IA) has fined FWD Life Insurance Company (Bermuda) Limited HK$19.5 million after finding deficiencies in its anti-money laundering and counter-terrorist financing…
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Turkey Revokes Papel Electronic Money Licence Amid Ongoing Money-Laundering Case
Turkey’s central bank has revoked the operating licence of Papel Elektronik Para ve Ödeme Hizmetleri A.Ş., an electronic-money and payment-services company that is also the…
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UAE Central Bank Restricts Bank Melli Iran Branches Over AML/CFT/CPF Compliance Violations
The Central Bank of the UAE has prohibited Bank Melli Iran branches in the UAE from conducting financial transactions to and from Iran after examinations…
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UK FCA Sets 2028–2030 Timeline for Taking Over AML Supervision of Legal, Accountancy and TCSP Sectors
The UK Financial Conduct Authority has set out a provisional timetable for becoming the anti-money laundering and counter-terrorist financing supervisor for legal, accountancy, and trust…
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UK FCA Finds 238,396 Suspected Money Mule Accounts Closed in 2025
The UK Financial Conduct Authority (FCA) has published new findings on money mule activity, reporting that regulated firms closed 238,396 suspected mule accounts in 2025.…
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France Issues First National Sanctions Commission AML Penalty Against Licensed Gambling Operator
France’s National Gambling Authority (ANJ) announced on 21 September 2026 that the National Sanctions Commission has imposed its first anti-money laundering and counter-terrorist financing sanctions…
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U.S. Prosecutors Investigate Binance Over Possible Iran Sanctions Violations
U.S. federal prosecutors are investigating whether Binance may have violated U.S. sanctions on Iran by allowing certain trading activity on its cryptocurrency platform, according to…
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Singapore Requires Casinos to Share Patron Information for ML/TF/PF Risk Controls
Singapore has brought into force a requirement for casino operators to share patron information with one another for the purpose of tackling money laundering, terrorism…
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UK Gambling Commission Suspends Targetlocal Remote Licence Over AML Failings
The UK Gambling Commission has suspended the combined remote operating licence of Targetlocal Ltd, which trades as Ken Howell’s Sports Betting, after regulatory enquiries identified…
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Bangladesh Bank Requires CEO and CAMLCO Joint Sign-Off on AML/CFT Inspection Responses
Bangladesh Bank has directed banks, finance companies and mobile financial service providers to obtain joint sign-off from their chief executive and chief anti-money laundering compliance…
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