Category: AML/CFT news

Hong Kong Customs has exposed its biggest money laundering case this year, uncovering HK$2.6 billion (US$334 million) in suspicious transactions.  Four suspects […]

The Office of Financial Sanctions Implementation (OFSI) has issued a disclosure notice against Vanquis Bank Limited for breaching Counter-Terrorism Sanctions Regulations.  Vanquis, […]

Money laundering in the UK property market is inflating home prices, making homeownership less attainable, according to the latest by SmartSearch.   Illicit […]

In August 2025, the Royal United Services Institute (RUSI) published a study based on Lloyds Bank data, revealing how money mules enable […]

The European Banking Authority (EBA) has released a report on the use of supervisory technology (SupTech) in anti-money laundering (AML) and countering […]

On 31 July 2025, the Proceeds of Crime Order came into force, raising the threshold in Section 339A of the Proceeds of […]

Several major Swiss banks are implicated in a suspected money laundering scheme tied to the Greek shipping firm NewLead Holdings. NewLead is […]

Louis Vuitton has become the focus of a money laundering investigation in the Netherlands after a Chinese national allegedly spent around $3.5 […]

The National Crime Agency (NCA) and the Financial Conduct Authority (FCA) have released nine economic crime priorities for the UK’s regulated sector. […]

UK Finance’s Annual Fraud Report revealed that £1.17bn was lost to fraud in 2024 – the fourth consecutive year of losses exceeding […]

The Financial Action Task Force (FATF) has released updated guidance to help countries and financial institutions better balance anti-money laundering and countering […]