Biggest AML compliance penalties for UK firms in 2025
2025 has brought a sharp escalation in enforcement action against UK law firms over anti-money laundering (AML) failings, with regulators handing out some of...
HKMA consults lenders as scam cases surge in Hong Kong
Hong Kong’s banking regulator has launched a consultation with lenders to establish a framework that sets out who should bear the cost when customers...
SmartSearch and Iress partner to streamline AML checks
SmartSearch and Iress have announced a new integration aimed at transforming compliance for financial advisers.
The partnership is designed to address one of the most...
Identity management start-up Descope bags $35m funding
Descope, the drag-and-drop external IAM platform, has closed an extension of its seed financing round, securing an additional $35m. The new funding brings its...
AMLTRIX unveils global AML knowledge graph for financial crime
AMLTRIX, an open-source AML initiative, has launched the world’s first AML knowledge graph, aiming to create a universal framework for tackling financial crime.
The product...
How to strengthen supply chain cyber resilience
When supply chain leaders think about the risks that could destabilise their organisations, financial pressures, operational disruption, and regulatory issues are usually top of...
APAC payments unprepared for looming quantum risks
The Emerging Payments Association of Asia (EPAA) has released a new report urging the Asia Pacific payments industry to take immediate steps to address...
Can federated intelligence solve the privacy problem in compliance?
In an era where data fuels innovation but privacy regulations like GDPR and CCPA loom large, organizations grapple with a paradox: harnessing collective intelligence...
Eastnets and Facephi unite to combat global financial crime
Eastnets and Facephi have entered into a strategic alliance aimed at tackling financial crime worldwide.
The collaboration seeks to deliver an end-to-end fraud defence ecosystem,...
Australia’s Tranche 2 AML reforms: what firms must know
Australia is preparing for one of its most significant updates to anti-money laundering and counter-terrorism financing (AML/CTF) regulation.
Known as Tranche 2, the reforms...
