AML Enforcement
AML enforcement is regulatory or criminal action taken against breaches of anti-money laundering laws and controls.
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Banking
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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Enforcement & Cases
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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Compliance Practice
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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Banking
Bank of America Warns of Possible New AML Penalties
Bank of America says it is discussing a resolution with the OCC over deficiencies addressed in a December 2024 AML consent order.
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