Swedish Police Authority releases a 2025 guide for Money transfer service providers, explaining how their services can be exploited for ML/TF, and spotlighting risks, red flags, and legal obligations

by | Jan 9, 2026

The guide explains how transfer services can be misused by criminal networks, outlines specific transaction red flags (such as unusual cash amounts, rapid structuring of funds, and transfers involving high‑risk jurisdictions), identifies suspicious customer behaviours...

Europol backs a major Spanish crackdown on the transnational Black Axe network, leading to 34 arrests, asset seizures, and the disruption of multi‑million‑euro fraud, drug trafficking, and human exploitation

by | Jan 9, 2026

The Black Axe network, originally from Nigeria and now active in dozens of countries with an estimated ~30,000 members globally, is known for a wide range of criminal activities, including cyber‑enabled fraud, drug trafficking, human trafficking and prostitution,...

ESAs’ Final Report on ESG Stress Testing establishes a harmonised EU framework for supervisors to embed climate and ESG risks into banks’ and insurers’ stress tests with consistent methods and scenarios

by | Jan 8, 2026

It guides supervisors on selecting ESG risks, designing scenarios, allocating resources, and assessing resilience over both short‑ and long-term horizons, initially focusing on climate and environmental risks without imposing new legal obligations. These guidelines...

EBA’s Final Draft RTS on Cooperation and Colleges of Supervisors for Third-Country Branches sets a unified EU framework to boost oversight and detect risks in non‑EU bank branches ahead of CRD VI in 2027

by | Jan 8, 2026

The RTS set out when and how colleges of supervisors should be formed, how authorities should share information, and guidance for mapping and proportional cooperation for smaller branches. By standardising these processes, the RTS aim to strengthen oversight, reduce...