The EBA recommends SupTech for effective AML/CFT supervision
The European Banking Authority (EBA) has released a report on the use of supervisory technology (SupTech) in anti-money laundering (AML) and countering […]
DAML threshold increased to £3,000
On 31 July 2025, the Proceeds of Crime Order came into force, raising the threshold in Section 339A of the Proceeds of […]
Swiss banks facing lawsuits in the US
Several major Swiss banks are implicated in a suspected money laundering scheme tied to the Greek shipping firm NewLead Holdings. NewLead is […]
$3.5M cash spent over 18 months sparks money laundering probe into Louis Vuitton
Louis Vuitton has become the focus of a money laundering investigation in the Netherlands after a Chinese national allegedly spent around $3.5 […]
NCA and FCA publish priorities to combat biggest economic crime threats
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 latest annual fraud report
UK Finance’s Annual Fraud Report revealed that £1.17bn was lost to fraud in 2024 – the fourth consecutive year of losses exceeding […]
FATF publishes new guidance on financial inclusion and AML/CFT measures
The Financial Action Task Force (FATF) has released updated guidance to help countries and financial institutions better balance anti-money laundering and countering […]
Celebrating 15 years of world-leading regulatory and supervisory technology at AMLA®
In 2010, a small team of dedicated individuals came together with one aim: to develop regulatory and supervisory technology that would fight […]
FATF and MONEYVAL conclude joint Plenary – 12-13 June 2025
A joint Plenary meeting of the Financial Action Task Force (FATF) and MONEYVAL concluded on Friday after two days of high-level discussions […]
Rothschild first bank in Luxembourg convicted of money laundering
Bank Edmond de Rothschild has become the first banking institution in Luxembourg to be criminally convicted for money laundering and the handling […]
Three men charged in NCA probe into cash smuggling operation
Three men have been charged following a National Crime Agency (NCA) investigation into an attempt to smuggle millions of pounds out of […]
Just a fifth of landlords ready for new sanctions checks
Just 20% of landlords and letting agents are ready for the upcoming compulsory financial sanctions checks. From 14 May, letting agents will […]