Regulatory updates, compliance guidance, and typology analysis for financial crime professionals.
Money Laundering TypologiesWhen a jurisdiction s Citizenship by Investment (CIP) program faces international sanctions, your name screening and Customer Due Diligence processes need immediate updates. Antigua s standoff with th
Sanctions Lists & ScreeningThe Challenge A network of fishing companies and construction-material suppliers in Manta, Ecuador, moved thousands of kilograms of cocaine monthly while appearing legitimate. These businesses provide
Sanctions Lists & ScreeningThe sectoral determination OFAC issued on August 24, 2026, under Executive Order 13902, marks a significant expansion of secondary sanctions. It s the first time the U.S. has targeted an entire countr
Terrorist & Proliferation FinancingAUSTRAC s three-month suspension of Cryptolink Pty Ltd wasn t due to a complete disregard for compliance. The company had completed an enforceable undertaking, paid a $56,340 infringement notice, and
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Enforcement & PenaltiesThe Question at Hand You re planning to replace your manual transaction monitoring process with an automated system. The vendor demos look impressive, and the business case is approved. But here s the
Enforcement & PenaltiesEvery enforcement notice tells the same story: the business changed, the controls didn t, and someone inside knew about the gap for years. This pattern appears whether the regulator is the FCA , NYDFS
Compliance Program GovernanceRegulatory change is relentless. Financial institutions track updates from numerous regulators across multiple jurisdictions, each issuing guidance, rules, and enforcement actions that demand immediat
International Bodies & StandardsThe Conventional Wisdom Many believe that if a protocol runs on smart contracts, operates without intermediaries, and labels itself decentralized, it s beyond the reach of AML/CFT regulation. This vie
Enforcement & PenaltiesWhen FinCEN issued its July 27, 2026 statement offering BSA forbearance for authorized financial services in Venezuela through January 29, 2027, your team saw a chance to support earthquake relief wit
Predicate OffensesContext: Questions from the Front Lines When FinCEN published its Financial Trend Analysis on suspected human smuggling in August 2026, it left MSB compliance departments with many questions. The repo
Compliance Program GovernanceThe Challenge Financial crime crosses institutional boundaries. Fraudsters exploit multiple banks, payment platforms, and jurisdictions, knowing each institution only sees part of their activity. You
Sanctions Lists & ScreeningThe Problem / Why This Matters Now On July 23, 2026, OFAC designated 11 new Cuba-related entities and individuals under Executive Order 14404, focusing on energy sector operations, sanctions evasion n
Suspicious Activity ReportingThe UK Insolvency Service wound up Key Coin Assets Ltd on 11 August 2026 after investigators found no evidence the firm conducted genuine cryptocurrency trading. This case highlights a critical gap in
Terrorist & Proliferation FinancingWhen a lawyer is arrested with unexplained cash, it s not just an ethics issue. It s a potential link in a financial crime network. Vijay Aggarwal s arrest in London shows how legal professionals can
Compliance Program GovernanceThe Challenge Your fraud team flags a customer for unusual card activity. Meanwhile, your AML team sees transaction patterns that don t quite meet the thresholds for filing a Suspicious Activity Repor
Sanctions Lists & ScreeningThe EU s 21st Russia sanctions package, adopted on July 23, 2026, introduces a third-country ban tool that allows regulators to prohibit all transactions with crypto-asset service providers based in s
Compliance Program GovernanceYou re about to deploy an AI model that scores transaction risk, triages alerts, or flags network patterns. Before you proceed, your board, regulator, and audit committee will ask: can you explain wha
Beneficial OwnershipThe FinCEN final rule ending Corporate Transparency Act reporting places the responsibility of detecting shell companies directly on your institution. While the CDD rule (31 CFR § 1010.230) remains un
Sanctions Lists & ScreeningThe U.S. House of Representatives passed H.R. 2913 , the Ukraine Support Act, on June 4, 2025. If the Senate follows and the president signs it, your compliance framework will need to adapt to new san
International Bodies & StandardsYou re building out your third-party risk program, and someone just flagged that your company s outside counsel needs to be assessed for AML compliance. Or you re reviewing a real estate transaction,
