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Money Laundering

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

Due Diligence March 31, 2026

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 update the AML/CTF Act and associated Rules, require reporting entities to...

OCC and Federal Banking Agencies Propose Landmark AML/CFT Program Rule Overhaul

March 31, 2026

The Office of the Comptroller of the Currency, FDIC, and NCUA published a joint notice of proposed rulemaking in April 2026 (with a comment period extending through June 9, 2026) that would fundamentally...

AUSTRAC opens enrolment for new professions in next step for AML reforms

March 31, 2026

AUSTRAC is implementing the next phase of the Australian Government’s landmark anti‑money laundering reforms, opening enrolment for new professions. From today, 31 March, businesses - including lawyers, accountants, conveyancers, real estate professionals, and dealers...

Revision of “Guidelines for Anti-Money Laundering and Combating the Financing of Terrorism”

March 31, 2026

The FSA revised "Guidelines for Anti-Money Laundering and Combating the Financing of Terrorism" and "Frequently Asked Questions Regarding "Guidelines for Anti-Money Laundering and Combating the Financing of Terrorism""("FAQs"), in order to promote maintenance and enhancement of...

Money Laundering

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

Due Diligence March 31, 2026

OCC and Federal Banking Agencies Propose Landmark AML/CFT Program Rule Overhaul

March 31, 2026

AUSTRAC opens enrolment for new professions in next step for AML reforms

March 31, 2026

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

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

Due Diligence March 31, 2026

AMLA’s First Public Hearing Sets Operational Expectations for KYC and Transaction Monitoring Across Europe

Due Diligence March 24, 2026

AMLA's inaugural public hearing held on March 24, 2026 included the release of draft Regulatory Technical Standards that materially affect how all EU-obliged entities must implement Know Your Customer, Enhanced Due Diligence, and...

ESG

ESG Risk Becomes Core AML Exposure for MLROs as FCA Consultation Deadline Falls in March 2026

ESG March 3, 2026

The UK's Financial Conduct Authority published Consultation Paper CP26/5 in January 2026, with a March 20, 2026 feedback deadline, proposing alignment of listed issuers' sustainability disclosures with international standards. For Money Laundering Reporting Officers, the convergence of ESG and AML obligations is no longer theoretical — regulators across the UK, EU, Netherlands, and Australia are treating inaccurate ESG disclosures as potential financial crime predicate conduct, capable of triggering fraud, misrepresentation, and AML investigations. In the EU, Germany's financial regulator BaFin has imposed a significant penalty on an asset manager for alleged greenwashing, while France's financial markets regulator has repeatedly identified misleading sustainability communications as an enforcement priority, having completed over 25...

Crypto

SEC-CFTC Memorandum of Understanding Establishes Unified Framework for Blockchain and Digital Asset Regulation

March 11, 2026

The Memorandum of Understanding signed between the U.S. Securities and Exchange Commission and Commodity Futures Trading Commission on March 11, 2026 represents the most significant step toward regulatory coherence for blockchain-based financial infrastructure...

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Fraud, Bribery & Corruption

Former Russian Deputy Defense Minister Sentenced to 19 Years in Major Corruption Case

Fraud, Bribery & Corruption April 10, 2026

In a significant development underscoring a widening crackdown on corruption within Russia’s military establishment,...

PEMEX Bribery Plea and French CJIP Signal Active FCPA-Adjacent Enforcement in March 2026

March 31, 2026

March 2026 produced two notable anti-corruption enforcement developments that illustrate the shifting but still active global bribery enforcement landscape. On March 16, 2026, the U.S. Department of Justice filed an FCPA conspiracy charge against...