by AdrianaAMLP | Mar 4, 2026
Under Investigation “Emily”, authorities detained nine suspects in Germany and Czechia and conducted more than 150 searches across nine countries, seizing luxury vehicles, cash, art and other assets worth over €13.5 million. Prosecutors allege the group operated a VAT...
by AdrianaAMLP | Feb 20, 2026
The Swedish FSA has launched a probe into Swedbank covering a recent two-year period, examining whether its customer due diligence and AML controls meet regulatory standards. The review forms part of broader supervisory priorities on money laundering and terrorist...
by Jyotsna Bucktowar | Feb 19, 2026
These errors understated risk-weighted assets and overstated capital ratios, compromising supervisory oversight and the integrity of regulatory reporting, which is critical to preventing systemic risk and ensuring transparency in the banking sector. The case...
by AdrianaAMLP | Feb 18, 2026
The Norwegian Lottery Authority (Lotteritilsynet) imposed the fine after identifying multiple deficiencies in Norsk Tipping’s AML framework, including inadequate customer identification, insufficient understanding of source of funds and gaps in risk-based monitoring....
by Jyotsna Bucktowar | Jan 6, 2026
The sanction, amounting to about 1 % of the bank’s annual turnover, reflects the gravity and duration of the compliance breaches. The inspection uncovered a number of gaps, including the bank had failed to implement an adequate transaction monitoring system....
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