EU Lawmakers Left Waiting for
Latest Money-Laundering WatchlistGetty Images
More News
U.S. prosecutors tackle transnational scheme, OFAC tags venture capital firm, and more, in the weekly roundup.
June 13, 2025
Swiss Lawmakers Water Down, Then Approve, Beneficial Ownership
By Gabriel Vedrenne
Swiss legislation mandates the creation of a new database of beneficial owners, but spares certain types of trustees from having to identify theirs.
June 13, 2025
Breaking June 13, 2025: 4:18 pm ET
Breaking June 12, 2025: 5:15 pm ET
Cartels smuggle fuel, SFO flags software issue, and more, in the midweek roundup.
June 11, 2025
Enforcement Actions
The Solicitors Regulation Authority fined the Kent, U.K.-based firm £63,869 and ordered it to pay investigation costs of £1,350 for violations of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
June 13, 2025
The Solicitors Regulation Authority entered into a settlement agreement with the Wembley, U.K.-based sole practitioner to resolve the firm's noncompliance with key provisions of the Money Laundering Regulations 2007 and 2017.
June 13, 2025
Legs & Regs
FATF Publishes List of High-Risk Jurisdictions
The Financial Action Task Force issued a public statement concerning three high-risk jurisdictions subject to a call for action that urges the application of enhanced due diligence, and in the most serious cases, the application of counter-measures to protect the international financial system.
June 13, 2025
FATF Adds Two Jurisdictions to Gray List, Removes Three
The Financial Action Task Force issued a public statement on jurisdictions under increased monitoring with action plans to remedy their strategic anti-money laundering and counterterrorist financing deficiencies.
June 13, 2025
FATF, Moneyval Highlight Outcomes of Joint Plenary
The Financial Action Task Force and the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism announced the outcome of a joint plenary meeting, which brought together representatives of over 200 jurisdictions and observers.
June 13, 2025
UK Foreign Secretary Discusses Efforts to Tackle Dirty Money
U.K. Foreign Secretary David Lammy delivered remarks at Mansion House concerning the need to do more to tackle dirty money in the jurisdiction.
June 13, 2025
June 2, 2025
In this episode of Financial Crime Matters, Dr. Hans-Jakob Schindler, senior director of the Counter-Extremism Project, and Kieran Beer, editor in chief of ACAMS moneylaundering.com, discuss how violent extremists raise and move funds.
May 8, 2025
In the latest episode of Sanctions Space, Justine Walker, head of global sanctions and risk at ACAMS, and Kimberly Donovan, director of the Atlantic Council’s economic statecraft initiative, discuss geopolitical trends, sanctions compliance and the emergence of a global "axis of evasion."
More News
U.S. prosecutors tackle transnational scheme, OFAC tags venture capital firm, and more, in the weekly roundup.
June 13, 2025
Swiss Lawmakers Water Down, Then Approve, Beneficial Ownership
By Gabriel Vedrenne
Swiss legislation mandates the creation of a new database of beneficial owners, but spares certain types of trustees from having to identify theirs.
June 13, 2025
Breaking June 13, 2025: 4:18 pm ET
Breaking June 12, 2025: 5:15 pm ET
Cartels smuggle fuel, SFO flags software issue, and more, in the midweek roundup.
June 11, 2025
Enforcement Actions
The Solicitors Regulation Authority fined the Kent, U.K.-based firm £63,869 and ordered it to pay investigation costs of £1,350 for violations of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
June 13, 2025
The Solicitors Regulation Authority entered into a settlement agreement with the Wembley, U.K.-based sole practitioner to resolve the firm's noncompliance with key provisions of the Money Laundering Regulations 2007 and 2017.
June 13, 2025