Global
Follow international AML/CFT standards, cross-border financial crime trends and developments from global organisations such as FATF, the United Nations and other international bodies. This section covers issues that affect multiple jurisdictions or the global compliance environment.
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U.S. Senate PSI Report Finds USDT Dominant Across Iran-Linked Sanctioned Crypto Wallets
Democratic investigators for the U.S. Senate Permanent Subcommittee on Investigations (PSI) have released a report examining the role of Tether’s USDT stablecoin in cryptocurrency wallets…
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FINTRAC Imposes C$816,750 in AML Penalties on Four Canadian Credit Unions
Canada’s financial intelligence unit FINTRAC has announced administrative monetary penalties totalling C$816,750 against four credit unions following compliance examinations under the Proceeds of Crime (Money…
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U.S. Jury Convicts Travel Agency Operator in $20 Million Human Smuggling and Money Laundering Conspiracy
A federal jury in the Middle District of Florida has convicted Lazaro Alain Cabrera-Rodriguez for his role in an international human smuggling operation and related…
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UK FCA Secures £851,402 Confiscation Orders for Victims of Crypto Investment Fraud
The UK Financial Conduct Authority has secured confiscation orders totalling £851,402.27 against two men convicted over a crypto investment fraud that caused at least 65…
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UK Authorities Arrest 17 in Joint Organised Crime and Money Laundering Operation
UK authorities have arrested 17 people in a major operation targeting a suspected organised crime group, with allegations including money laundering, failure to disclose suspicions…
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Hong Kong SFC Fines Zheng Da International HK$7 Million for AML/CFT and Regulatory Failures
Hong Kong’s Securities and Futures Commission (SFC) has reprimanded Zheng Da International Financial Holding Limited and fined the firm HK$7 million for failures to comply…
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FINMA Finds Serious AML Failures at Julius Baer and Orders CHF 10 Million Profit Confiscation
Switzerland’s Financial Market Supervisory Authority (FINMA) has concluded enforcement proceedings against Julius Baer after finding serious breaches of supervisory law, including failures in anti-money laundering…
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South Africa Prudential Authority Sanctions Three Financial Firms for FIC Act Failures
South Africa’s Prudential Authority has imposed FIC Act sanctions on Capitec Bank, Ninety One Assurance and Albaraka Bank, citing customer due diligence, reporting, training, sanctions-screening…
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BRICS New Delhi Declaration Calls for Stronger Action on Illicit Financial Flows and Scam Networks
The 2026 BRICS New Delhi Declaration calls for stronger cross-border action against illicit financial flows, terrorist financing, drug-proceeds laundering, illegal virtual-asset flows and organised scam…
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FATF Publishes New AML Risk Indicators for Gaming and Gambling Sector
The Financial Action Task Force (FATF) on 9 September 2026 published new risk indicators for the gaming and gambling sectors, warning that the rapid growth…
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