Enforcement & Cases
Track enforcement actions, regulatory penalties, court decisions and financial crime cases from around the world. Each article examines what happened, which compliance weaknesses were identified and what practical lessons organisations can take from the case.
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U.S. Treasury Targets A7 Shadow Banking Network With FinCEN Rule and OFAC Sanctions
The U.S. Department of the Treasury has launched a coordinated action against the A7 Network, a Russia-linked shadow banking network that Treasury says has been…
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AUSTRAC Issues Infringement Notices to Businesses That Failed to Enrol Under Expanded AML/CTF Regime
AUSTRAC has begun issuing infringement notices to businesses that failed to enrol under Australia’s expanded anti-money laundering and counter-terrorism financing regime. The regulator said the…
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ACRA Annual Report 2025/2026: An Important Implementation Phase for the CSP Regime
ACRA has released its Annual Report 2025/2026. A consistent theme across the Chairman’s and Chief Executive’s messages is that robust regulation and a pro-enterprise environment…
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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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Singapore Police Investigate 259 Suspected Scammers and Money Mules Linked to S$5.2 Million in Losses
Singapore Police are investigating 259 people for suspected involvement in scams as scammers or money mules following a two-week islandwide enforcement operation conducted from 10…
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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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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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Extradited Nigerian National Pleads Guilty to Laundering $2.5 Million from Sextortion and Romance Scams
A Nigerian national extradited to the United States has pleaded guilty to conspiracy to commit money laundering for his role in an international network that…
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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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