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.
-
OFAC Extends NIS Operating License to September 30 as Serbia Oil Sanctions Relief Continues
The U.S. Department of the Treasury has issued Naftna Industrija Srbije (NIS) a new specific license allowing the Serbian oil company to continue operating through…
Read More » -
Bangladesh FIU Warns 31 Unauthorised Digital Loan Apps May Facilitate Money Laundering
Bangladesh’s Financial Intelligence Unit has warned the public against unauthorised digital lending platforms, saying fraudulent loan operations can create direct money-laundering and broader financial-crime risks.…
Read More » -
UK Gambling Commission Suspends BresBet and Bet St George Over Suspected AML Failings
The UK Gambling Commission has suspended the operating licences of BresBet Ltd and Bet St George Ltd after enquiries identified suspected anti-money laundering and social…
Read More » -
Former Missouri Pastor Convicted of 10 Money Laundering Counts in $1.8 Million Fraud Schemes
A federal jury in St. Louis has convicted former visiting pastor Kenneth C. Sparks III on all 20 counts he faced in connection with pandemic-loan,…
Read More » -
Vietnam Adds Crypto-Asset Services to AML Regime With 15 Suspicious Transaction Indicators
Vietnam’s National Assembly has approved amendments that bring crypto-asset services directly into the country’s anti-money laundering framework, with the new rules due to take effect…
Read More » -
Two Chinese Nationals Sentenced in $16.2 Million Apple Counterfeit Return Fraud Scheme
Two Chinese nationals have been sentenced to federal prison for leading a trans-Pacific scheme that defrauded Apple Inc. through the return of thousands of counterfeit…
Read More » -
Five Indicted in $7.4 Million Elder Scam Money Laundering Network Using 21 Shell Companies
Five men have been indicted in the Western District of Washington over an alleged nationwide scheme that laundered more than US$7.4 million in fraud proceeds…
Read More » -
Russian National Convicted in U.S. Aircraft-Parts Sanctions Evasion and Money Laundering Scheme
A federal jury in the Southern District of Florida has convicted Russian national and Florida resident Alexander Mamonov on all 12 counts arising from a…
Read More » -
Nigerian National Sentenced to 95 Months for Laundering $3.1 Million in Scam Proceeds
A Nigerian national has been sentenced to 95 months in U.S. federal prison for leading a money laundering conspiracy that moved more than US$3.1 million…
Read More » -
Texas Man Sentenced to 30 Months for Laundering Drug Trafficking Proceeds
A 41-year-old Mexican national living in Irving, Texas, has been sentenced to 30 months in federal prison after admitting that he helped move and conceal…
Read More »