News

SEPTEMBER 16, 2025 • 4 minute read

Wolfsberg Group Urges Financial Institutions to Adopt AI for Monitoring Suspicious Activities

AUGUST 29, 2025 • 3 minute read

Dutch online bank joins the queue of fines imposition drive of Europe for AML compliance failure, fined €2.6 million

AUGUST 28, 2025 • 3 minute read

Safra Sarasin, private Swiss bank, fined, as they failed to stop laundering of illicit funds

AUGUST 27, 2025 • 3 minute read

JP Morgan agreed to pay $330 million to Malaysia to settle 1MDB case, additional $3 million implied in fines by Switzerland

AUGUST 26, 2025 • 3 minute read

The Gambling Commission of the UK announced a £1 million fine on ProgressPlay Limited due to compliance failure

AUGUST 22, 2025 • 4 minute read

UAE Central Bank hit Financial Firms with fines due to compliance failures

AUGUST 19, 2025 • 4 minute read

Rising Bank fraud and Money Mule Networks should be a national security threat, warns a UK-based Think Tank

AUGUST 19, 2025 • 4 minute read

Singapore Hits Law Firms With $200,000 in Fines Amid Ongoing AML Investigation

AUGUST 15, 2025 • 3 minute read

British Solicitor Fined £32,500 over AML compliance failure and for facilitating a Politically Exposed Person (PEP)

AUGUST 15, 2025 • 3 minute read

Ukraine Border Guards join “Train-the-Trainers” programme to detect fake documents