Tag: Money Laundering

Banks have long carried the heaviest anti-money laundering (AML) burden, but regulators are increasingly turning their attention to life insurers. Handling large premiums over...

The complexity of film financing is creating additional challenges for financial crime teams as money moves through special purpose vehicles (SPVs), cross-border deals and...

Financial crime signals rarely announce themselves. Long before a customer, counterparty, or supplier lands on a formal sanctions list, warning signs may already be...

The US Department of the Treasury opened Operation Economic Outcast on 24 August, a government-wide push against Iran and the foreign firms helping it...

FATF, the intergovernmental body that sets global standards for tackling money laundering and terrorist financing, has published a new report warning that underground banking,...

Australia lost an estimated $87.39bn to money laundering in 2024-25, according to analysis from Napier AI, which argues that artificial intelligence must be used...

Financial crime is growing in scale, sophistication and cost, and for regulated organisations, understanding the threat landscape has become a survival requirement rather than...

Canada is overhauling the way it fights financial crime. For years, the country's enforcement framework has been spread thinly across federal agencies and provincial...

For most financial services firms, the regulatory debate around prediction markets has centred on classification: do these products fall under securities law, commodities rules,...

The FCA's latest consultation paper is not explicitly about anti-money laundering, but for UK fund managers, it may as well be. According to Cascade,...