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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Singapore to Charge Two Individuals Over Scam-Linked Money Laundering
The case includes one of Singapore’s earliest prosecutions for “rash money laundering” since the offence took effect in February 2024. Singapore police said a 56-year-old…
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FinCEN Imposes Record $125 Million BSA Penalty on UBS Financial Services
FinCEN has imposed a $125 million civil money penalty on UBS Financial Services Inc. for willful violations of the Bank Secrecy Act. The penalty is…
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Liechtenstein Ownership Register Breach Exposes 31,000 Entities
Hackers copied data relating to about 31,000 companies, foundations and trusts from Liechtenstein’s beneficial ownership register.
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Visa to Acquire BioCatch for $2.4bn in Cybersecurity Push
Visa plans to acquire behavioural intelligence provider BioCatch for $2.4 billion, expanding its fraud and cybersecurity capabilities.
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Gold Market Used to Launder Nearly RMB 6 Million in Fraud Proceeds, Chinese Report Reveals
According to China’s CCTV Finance, nearly RMB 6 million (approximately USD 830,000) stolen from an elderly fraud victim was converted into physical gold within minutes—highlighting…
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UK AML Freeze Triggers Liquidity Pressure at Puerto Rico Bank
An FCA-linked freeze of $24 million connected to Euro Exchange Securities UK has contributed to a liquidity crisis at Puerto Rico-based Banex International.
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US Banks Warn Generative AI Is Industrialising Scams
The American Bankers Association says generative AI is making established scams faster, cheaper and more convincing.
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UK Watchdog Warns AI Is Being Used to Bypass Gambling KYC
The UK Gambling Commission says customers are using AI and other methods to evade identity and KYC checks on gambling platforms.
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Singapore Auctions 47 Luxury Cars Seized in S$3 Billion Money Laundering Case
Singapore has put 47 luxury vehicles linked to its S$3 billion money laundering case up for closed-bid auction, including 11 Rolls-Royces.
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UK Disqualifies Director Over £13.9m Barclays Transactions
An Irish company director has been disqualified over companies involved in almost £14 million of unauthorised Barclays banking transactions.
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