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 […]
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 […]
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 […]
Key insights from India’s Mutual Evaluation Report (MER) 2024
Overview India’s 2024 Mutual Evaluation Report (MER) offers a detailed look at the country’s approach to tackling money laundering (AML) and terrorism […]
TD Bank to pay record $3 billion penalty over AML failures
TD Bank, one of the largest financial institutions in North America, has agreed to pay a record $3 billion penalty after pleading […]
New FATF president announces grey list changes for low income countries
The Financial Action Task Force (FATF) has announced significant changes to how countries are added to its grey list, with low-income nations […]