Tag: sanctions compliance

The European Banking Authority (EBA) has raised concerns over the increasing money laundering and terrorist financing (ML/TF) risks across the EU financial sector in...

As global tensions rise and sanctions become more complex, financial institutions are being pushed to evolve how they manage compliance. According to Quantifind, at...

Asset management firms face increasing scrutiny when it comes to complying with global sanctions regulations. Failing to meet these obligations can result in severe...

Australia is pressing ahead with a significant overhaul of its Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) regime, with AUSTRAC releasing the Second Exposure Draft Rules (ED2) under the Amended AML/CTF Act 2024. This latest draft builds on last year’s proposals, offering further clarity and operational guidance aimed at modernising compliance obligations.

As the discussion around AI agents continues to dominate the tech world, one thing remains stubbornly unclear—what exactly is an AI agent? For organisations...

AI is rapidly reshaping how financial institutions approach financial crime compliance, with intelligent automation delivering faster, more accurate results. According to WorkFusion, it has emerged...

Sanctions inflation, a major theme over recent years, could be nearing its end in 2025—but the broader landscape of compliance remains as volatile as ever. This is one of the key findings from LSEG’s latest Global Sanctions Index (GSI) report, which offers a snapshot of worldwide sanctions trends up to March 2025.

Sanctions compliance has traditionally relied on name-based screening and public watchlists to flag potential threats, but as financial crime tactics evolve, this approach is...

WorkFusion has teamed up with 1LoD to produce a comprehensive Financial Crime Benchmarking Survey & Report, offering fresh insight into how top global banks...

As geopolitical tensions continue to reshape international trade policy, tariffs are evolving from economic instruments into a new battleground for financial crime. According to...