Iraq’s measures to combat money laundering assessed
The Middle East & North Africa Financial Action Task Force (MENAFATF) has conducted an evaluation of the Republic of Iraq’s efforts to […]
UK to launch sanctions regime to catch smugglers
In 2025, the UK government will introduce a ground-breaking sanctions regime aimed at dismantling people smuggling networks and cutting off their illicit […]
Brother and sister sentenced for charity fraud
On 9th January 2025, the Charity Commission today welcomed the sentencing of Rajbinder Kaur and Khaldip Singh Lehal for fraud. Kaur was […]
Phone snatcher steals £21,000 from mobile banking apps | Weekly Words of Wisdom
A London commuter had £21,000 stolen from his bank accounts after a thief snatched his phone through closing tube doors. Despite having […]
AML Analytics is now a RegTech100 company
AML Analytics has been included in the 2025 edition of RegTech Analyst’s RegTech100 list, which highlights the organisations financial institutions should keep […]
New AML Index released by Basel Institute | Weekly Words of Wisdom
The Basel Institute on Governance, a global NGO focused on combating corruption and strengthening governance, has published its annual AML Index. The […]
Lockdown drug profits laundered through Russian crime network
A multi-billion-pound money laundering operation which emerged during lockdown, has been uncovered by the National Crime Agency (NCA). Investigators have described the […]
Perfume boss admitted he ignored Russian sanctions | Weekly Words of Wisdom
A British businessman, David Crisp, was caught on camera admitting to illegally selling luxury perfume, despite Russian sanctions. He told an undercover […]
Couple in Ireland charged over money laundering operation | Weekly Words of Wisdom
A couple in Blackrock, Dublin in Ireland, have been denied bail over charges related to a €21 million international money laundering scheme. […]
Metro Bank fined over £16m for “financial crime failings” | Weekly Words of Wisdom
The Financial Conduct Authority (FCA) has fined Metro Bank PLC (Metro) £16,675,200 for failing to maintain suitable systems and controls to effectively […]
Failure to prevent fraud guidance introduced in UK
Today the government has published guidance that will provide organisations with advice on the new corporate criminal offence, “failure to prevent fraud”. […]
The outcomes of the FATF Paris Plenary 23rd-25th October 2024 | Weekly Words of Wisdom
The first FATF Plenary under the two-year Mexico Presidency of Elisa de Anda Madrazo was held from 23rd-25th October. Delegates from over […]