Anti-Money Laundering

PEPs & Sanctions

FATF Should Police Ship Registries to Curb Sanctions Evasion, Says RUSI

By Manesh Samtani | 05/09/2025

The FATF should assess flag states to close loopholes used by sanctions-busting 'shadow fleets' from North Korea and others, RUSI argues in a new report.

Anti-Money Laundering

Interpol Issues 'Silver Notice' to Trace Assets of Indian Drug Fugitive

By Editors | 05/09/2025

The notice, the first of its kind for India's Narcotics Control Bureau, targets the proceeds of a Dubai-based trafficker.

PEPs & Sanctions

US Indicts and Sanctions Chinese Chemical Firms Over Opioid Trade

By Manesh Samtani | 04/09/2025

A federal grand jury indicted four Chinese companies and 22 nationals. OFAC sanctioned one firm and two individuals in a coordinated action.

Cryptocurrency

Crypto Exchanges Targeting Australia's Super Fund Market - Report

By Editors | 04/09/2025

Coinbase and OKX are launching services for self-managed superannuation funds, testing a key market despite a sceptical stance from regulators.

Anti-Money Laundering

Luxembourg Fines Alipay Europe for AML Breaches

By Sanday Chongo Kabange | 03/09/2025

The CSSF identified significant failures in transaction monitoring, customer due diligence, and outsourcing oversight at the electronic money institution.

Anti-Money Laundering

SFC Bans Former UBS Director for Life Over Money Laundering Conviction

By Sanday Chongo Kabange | 03/09/2025

The SFC has permanently barred Suen Kin-wing following convictions for laundering over HKD 134 million and breaching court injunctions.

Anti-Money Laundering

AUSTRAC Fines Revolut Payments for Late IFTI Reporting

By Sanday Chongo Kabange | 03/09/2025

AUSTRAC said Revolut Payments self-disclosed the reporting failures and subsequently implemented remedial controls.

Anti-Money Laundering

Malaysia: UBB Investment Bank Case Set for Mention on 26 September

By Nithya Subramanian | 02/09/2025

A Malaysian court will hear further mention in the case against UBB Investment Bank, which faces 53 charges of failing to file STRs and an additional charge of inadequate due diligence.

Anti-Money Laundering

Australia's AML/CTF Rules Seek Simplicity As FATF Deadline Looms

By Nathan Lynch | 02/09/2025

The Australian government has released the final version of the long-awaited AML/CTF Rules, ushering in the biggest change to the regime in two decades, writes Nathan Lynch.