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What the $1.7m OFAC case means for compliance
In late February 2026, a prominent US educational institution agreed to pay $1.72m to the US Treasury to settle allegations that it had processed...
Six KYC sanctions types to know to avoid penalties
Sanctions failures rarely show up after an account is live. They tend to start at onboarding, when a missed signal, a weak rule or...
Understanding the BIS vs OFAC 50% Rules
When managing U.S. export controls and sanctions compliance, businesses often come across two key ownership-based rules: the Bureau of Industry and Security (BIS) 50%...
Moody’s maps global sanctions landscape for 2025
Moody’s has released new research mapping the global landscape of sanctions regimes, offering insights into how governments and organisations deploy these measures and how...
Navigating the regulatory minefield: Record fines highlight 2023’s compliance challenges
In 2023, the global regulatory landscape unveiled a startling revelation as fines imposed by authorities exceeded a colossal $10.5bn. This figure not only reflects the stringent enforcement actions but also spotlights the emerging areas of regulatory scrutiny.
US regulatory priorities in 2023 & the coming years
In recent years, United States financial regulators have established themselves as global leaders in enforcement. In 2022, they imposed $3bn in fines, nearly three quarters of the world’s $4.2bn total. 2023 continued this trend, with US financial institutions paying 83% ($157.26m) of total penalty dollars, a stark contrast to their 10% share in global regulatory violations.
Digital money platform Uphold nets $57.5m funding round
Digital money platform Uphold has received an $57.5m funding from a group of investors, including Greg Kidd.
