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Money Laundering

UK Parliament Approves Major AML Reforms to Strengthen Financial Crime Controls While Easing Compliance Burdens

Due Diligence
The UK Parliament has approved the Money Laundering and Terrorist Financing (Amendment) Regulations 2026, introducing a package of 15 targeted reforms aimed at strengthening the country's anti-money laundering (AML) framework while reducing unnecessary compliance obligations for regulated firms. The amendments came into force on...

FATF Expands Grey List as More Jurisdictions Face Scrutiny Over Financial Crime Controls

The Financial Action Task Force (FATF), the global standard-setter for combating money laundering, terrorist financing, and proliferation financing, has expanded its list of jurisdictions under increased monitoring, commonly known as the "grey list,"...

U.S. Treasury Expands Guidance to Strengthen Financial Institutions’ Fight Against Fraud

The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) has issued updated guidance aimed at strengthening collaboration among financial institutions in the fight against fraud, money laundering, terrorist financing, and other...

ESG Screening in 2026: Financial Institutions Navigate Climate, Governance, and Financial Crime Convergence

ESG screening has undergone a significant conceptual expansion in 2026: what began as a sustainability and reputational risk exercise is now formally integrated into AML, sanctions compliance, and financial crime risk management frameworks at leading...

Money Laundering

UK Parliament Approves Major AML Reforms to Strengthen Financial Crime Controls While Easing Compliance Burdens

Due Diligence
The UK Parliament has approved the Money Laundering and Terrorist Financing (Amendment) Regulations 2026, introducing a package of 15 targeted reforms aimed at strengthening the country's anti-money laundering (AML) framework while reducing unnecessary compliance obligations for regulated firms. The amendments came into force on...

FATF Expands Grey List as More Jurisdictions Face Scrutiny Over Financial Crime Controls

The Financial Action Task Force (FATF), the global standard-setter for combating money laundering, terrorist financing, and proliferation financing, has expanded its list of jurisdictions under increased monitoring, commonly known as the "grey list,"...

U.S. Treasury Expands Guidance to Strengthen Financial Institutions’ Fight Against Fraud

The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) has issued updated guidance aimed at strengthening collaboration among financial institutions in the fight against fraud, money laundering, terrorist financing, and other...

USA
Events: 10,500 events
Fines: USD290 Bn
Imprisonment: 1,245,000 months
Entities (including individuals and organizations): 17K

UK
Events: 1,750 events
Fines: USD18 Bn
Imprisonment: 150,000 months
Entities: (including individuals and organizations): 3K

India
Events: 510 events
Fines: USD45 Mn
Imprisonment: 3,800 months
Entities: (including individuals and organizations): 400

South Africa
Events: 120 events
Fines: USD32 Mn
Imprisonment: 20,090 months
Entities: (including individuals and organizations): 190

Screening

What Makes Someone a High-Risk Customer for Enhanced Due Diligence?

Due Diligence
In financial crime compliance (FCC), few topics generate more confusion and more consequential errors than Enhanced Due Diligence (EDD) Ask a room full of compliance professionals who qualifies as a high-risk customer, and you'll...

Australia’s AML/CTF Reform Brings Expanded PEP Obligations Into Force from March 2026

Due Diligence
Australia's financial intelligence authority AUSTRAC confirmed that significant AML/CTF reform obligations took effect on March 31, 2026, introducing expanded requirements for the identification and enhanced due diligence of Politically Exposed Persons. The reforms, which...

ESG

ESG Screening in 2026: Financial Institutions Navigate Climate, Governance, and Financial Crime Convergence

ESG
ESG screening has undergone a significant conceptual expansion in 2026: what began as a sustainability and reputational risk exercise is now formally integrated into AML, sanctions compliance, and financial crime risk management frameworks at leading financial institutions. The convergence reflects a structural recognition that environmental crime, governance failures, and financial crime are not parallel risks — they are frequently the same risk expressed through different channels. Climate-linked financial crime typologies now include illegal deforestation proceeds, illicit wildlife trade, illegal gold and artisanal mining laundering, and carbon credit fraud — all of which generate proceeds that enter the financial system through patterns that standard transaction monitoring may not capture without ESG-enriched...

Crypto

Public register makes it harder for criminals to launder money through crypto

Australia’s anti‑money laundering and counter‑terrorism financing (AML/CTF) laws have expanded, strengthening safeguards to make it significantly harder for criminals to launder money through crypto and other virtual assets. The reforms introduce greater oversight of...

Check out other categories:

abductionAI and Regulatory ReportingAI applicationsAI ethicsAI for Financial Crime InvestigationsAI in AMLai in aml (anti-money laundering)AI in Anti-Money LaunderingAI in customer service

Fraud, Bribery & Corruption

Gojek Co-Founder Nadiem Makarim Sentenced to 10 Years in Landmark Corruption Case, Sparking Political Debate in Indonesia

Fraud, Bribery & Corruption
In one of Indonesia's most closely watched corruption cases involving a prominent technology entrepreneur,...

U.S. Treasury Expands Guidance to Strengthen Financial Institutions’ Fight Against Fraud

The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) has issued updated guidance aimed at strengthening collaboration among financial institutions in the fight against fraud, money laundering, terrorist financing, and other...

Regulations

Big 4 Corner

Sanctions

What Makes Someone a High-Risk Customer for Enhanced Due Diligence?

In financial crime compliance (FCC), few topics generate more confusion and more consequential errors than Enhanced Due Diligence (EDD) Ask...

Human Rights

AI / ML

Hong Kong Regulator Warns Financial Firms of Rising AI-Driven Cybersecurity Threats

The Securities and Futures Commission (SFC) has called on...

Compliance Technology Investment Surges as Regulatory Pressure and AI Adoption Converge in 2026

The 2026 AscentAI Benchmark Survey, released in April, provides...

RegTech Reaches Operational Maturity: AI-Powered Compliance Tools Deliver Measurable ROI in 2026 EU Environment

After nearly a decade of pilot programmes and overpromising,...

A faster way to estimate AI power consumption

Due to the explosive growth of artificial intelligence, it...

FinCEN’s AML Reform Places Artificial Intelligence at the Core of FinTech Compliance Strategy

FinCEN's April 7 AML/CFT reform NPRM has sent an...

UK Parliament Approves Major AML Reforms to Strengthen Financial Crime Controls While Easing Compliance Burdens

The UK Parliament has approved the Money Laundering and Terrorist Financing (Amendment) Regulations 2026, introducing a package of 15 targeted reforms aimed at strengthening...

Gojek Co-Founder Nadiem Makarim Sentenced to 10 Years in Landmark Corruption Case, Sparking Political Debate in Indonesia

In one of Indonesia's most closely watched corruption cases involving a prominent technology entrepreneur, former Education Minister and Gojek co-founder Nadiem Makarim has been...

What Makes Someone a High-Risk Customer for Enhanced Due Diligence?

In financial crime compliance (FCC), few topics generate more confusion and more consequential errors than Enhanced Due Diligence (EDD) Ask a room full of compliance...

FATF Expands Grey List as More Jurisdictions Face Scrutiny Over Financial Crime Controls

The Financial Action Task Force (FATF), the global standard-setter for combating money laundering, terrorist financing, and proliferation financing, has expanded its list of jurisdictions...

U.S. Treasury Expands Guidance to Strengthen Financial Institutions’ Fight Against Fraud

The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) has issued updated guidance aimed at strengthening collaboration among financial institutions in the...

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