Regulatory updates, compliance guidance, and typology analysis for financial crime professionals.
Sanctions Lists & ScreeningYour Iran-related specific license applications just got harder. On September 10, 2026, OFAC announced a major change in how it reviews Iran-related licensing requests: every application now carries a
Virtual Assets & RegTechBitget halted customer withdrawals after hackers, suspected to be linked to North Korea, stole more than $380 million. For your sanctions analysts and compliance team at crypto exchanges, this isn t j
Money Laundering TypologiesThe Conventional Wisdom Many sanctions compliance programs treat correspondent banking due diligence as a one-time screening task. You onboard a correspondent, check them against OFAC s Specially Desi
Sanctions Lists & ScreeningWhen Citibank s London branch processed nearly £20 million in payments to Russian-sanctioned entities, it wasn t a one-off error. The Office of Financial Sanctions Implementation (OFSI) levied a £4.7
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Sanctions Lists & ScreeningThe UK s Office of Financial Sanctions Implementation fined Citibank s London branch £4.7 million for processing 970 payments worth £19.72 million that breached financial sanctions. The penalty reveal
Sanctions Lists & ScreeningThe European Union s Anti-Money Laundering Authority began operations in July 2025, and the single rulebook takes effect in July 2027. For insurers, this timeline highlights a critical issue: your ant
Sanctions Lists & ScreeningYour screening system only finds what your data lets it see. With 59% of compliance professionals spending most of their time on data quality issues, the problem isn t the screening engine, it s what
Sanctions Lists & ScreeningIf you re still relying on point-in-time name checks to clear counterparties, you re missing the networks that matter. This template provides a structured process for tracing indirect ownership and be
Sanctions Lists & ScreeningScope This guide outlines the compliance requirements introduced in the EU s eighth sanctions package against Russia (6 October 2022). It focuses on the full crypto-asset ban, SWIFT disconnections, an
Money Laundering TypologiesIf you re still treating sanctions compliance as a simple list-matching exercise, you re missing the networks that regulators are now targeting. The UK s nationwide alert on the A7 network, issued on
Sanctions Lists & ScreeningIf the US-Iran memorandum of understanding survives its 60-day negotiation window, your sanctions compliance program will face one of the most complex policy reversals in recent memory. This situation
Sanctions Lists & ScreeningThe Conventional Wisdom Sanctions professionals often treat decentralized protocols like traditional entities. When OFAC adds something to the Specially Designated Nationals and Blocked Persons List,
Sanctions Lists & ScreeningYou run dual-regime name screening because you have to. But if you re treating OFAC and OFSI lists as interchangeable, you re building compliance gaps into your program. The myth problem stems from pr
Sanctions Lists & ScreeningScope - What This Guide Covers This guide focuses on managing the revocation of OFAC Iran General License X (GL X) and its replacement with the more restrictive General License X1 (GL X1). It outlines
Sanctions Lists & ScreeningThe Challenge On July 8, 2026, the US Department of State announced President Trump s intent to rescind Syria s State Sponsor of Terrorism (SST) designation, triggering a 45-day Congressional review p
Sanctions Lists & ScreeningOFAC s issuance of General Licenses Y and Z, along with new Iranian network designations, underscores a regulatory pattern you can t ignore: wind-down periods aren t optional pauses in sanctions enfor
Sanctions Lists & ScreeningYour sanctions team just received notice of the July 20, 2026 State Department action against Sudan under the Chemical and Biological Weapons Control and Warfare Elimination Act. Now you re facing a d
Sanctions Lists & ScreeningOn July 17, 2026, the Office of Foreign Assets Control (OFAC) restructured its Hong Kong sanctions program following the expiration of Executive Order 13936. If you re a sanctions analyst, you have tw
Sanctions Lists & ScreeningPurpose of the Template As a sanctions analyst, you re tasked with reviewing alerts from your screening system. When a match is flagged, you must decide whether to escalate, clear, or investigate furt
Sanctions Lists & ScreeningOFAC s General License No. 2, issued on July 10, 2026, under the Democratic Republic of the Congo Sanctions Regulations, presents a unique challenge for sanctions analysts. It allows specific agricult
