Regions
Browse AML/CFT regulation, enforcement, compliance practices and financial crime developments by jurisdiction. Regional coverage helps readers understand how international standards are implemented across different legal and regulatory environments.
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Lombard Odier Fined CHF3m for Money Laundering Failures
A Swiss court has fined private bank Lombard Odier CHF3 million for failing to prevent money laundering in a case linked to alleged Uzbek corruption…
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BaFin Gains Powers to Supervise AI Across German Finance
German lawmakers have authorised BaFin to supervise financial institutions’ compliance with EU AI transparency, risk and prohibited-practice rules.
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Indonesia Arrests Former Senior Prosecutor in Money Laundering Probe
Indonesia has arrested former senior prosecutor Febrie Adriansyah after investigators seized US$19 million in cash and 74 kilograms of gold.
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Hong Kong Jails Asset Manager for Laundering More Than HK$64 Million
Hong Kong has sentenced asset management firm owner Xiao Rui to six years and nine months for laundering more than HK$64 million and using false…
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Malaysian Suspect Charged in Singapore Over Money Laundering Syndicate
A 28-year-old Malaysian man has been charged in Singapore after a joint cross-border operation targeting a money laundering syndicate.
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EU Debates Group-Wide AML Duties for Major Corporate Brands
EU officials are considering how group-wide AML obligations should apply when major commercial groups own or franchise regulated financial businesses.
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Europe’s AMLA Finalises Rules for Direct Supervision of Cross-Border Financial Groups
The European Union’s Anti-Money Laundering Authority has finalised a set of technical standards governing how it will work with national authorities to select and directly…
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Singapore Acts Against Two Gatekeepers Linked to S$3 Billion Money Laundering Case
A conveyancing lawyer has been charged with forgery while a former corporate services provider received a 32-week prison sentence in related proceedings.
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Hong Kong Puts Accounting Firms on Notice as AML Compliance Becomes an Enforcement Priority
Hong Kong’s Accounting and Financial Reporting Council has identified non-compliance with anti-money laundering and counter-terrorist financing requirements as one of its six principal enforcement themes,…
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Hong Kong SFC Updates Licensed Firms and Virtual Asset Providers on FATF High-Risk Jurisdictions
The Hong Kong Securities and Futures Commission has reminded licensed corporations, SFC-licensed virtual asset service providers and associated entities to update their AML/CFT controls following…
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